Raymond James analyst Jayson Bedford lowered the firm’s price target on Zimmer Biomet to $128 from $138. Zimmer Biomet reported Q2 results in line with estimates and reiterated 2024 constant currency revenue growth and EPS guidance, the analyst tells investors in a research note. The firm keeps an Outperform rating on the shares given the continued execution, continued share buybacks, and discounted valuation.
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