BTIG analyst Marie Thibault lowered the firm’s price target on Masimo (MASI) to $193 from $206 and keeps a Buy rating on the shares. The company reported a Q1 earnings and revenue beat, but tariffs were a drag on its margin outlook, the analyst tells investors in a research note. BTIG adds that the sale of consumer audio segment was a positive, as investor conversations the firm has had over the past several months signaled that a sale is preferred.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MASI:
- Masimo price target lowered to $200 from $215 at Piper Sandler
- Masimo price target lowered to $190 from $205 at Wells Fargo
- Positive Outlook for Masimo: Buy Rating Affirmed Amid Strong Performance and Strategic Initiatives
- Masimo Corp. Reports Strong Q1 2025 Results
- Closing Bell Movers: Sarepta falls 21% after earnings and guidance cut