Baird raised the firm’s price target on LivaNova to $66 from $58 and keeps a Neutral rating on the shares. The firm sees upside potential to its 2024-2025 revenue/EPS outlook, especially as Essenz gains traction, capacity expansion potentially helps 2H24/2025 oxygenator growth, and operational growth/leverage takes hold.
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Read More on LIVN:
- LivaNova Refocuses Structure, Integrates Circulatory Support
- LivaNova raises FY24 adjusted EPS view to $3.05-$3.15 from $2.95-$3.05
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- LivaNova announces Ahmet Tezel as chief innovation officer
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