Baird analyst Jeff Johnson raised the firm’s price target on Zimmer Biomet to $145 from $133 and keeps an Outperform rating on the shares. The analyst said 4Q revenue/earnings exceeded us/Street. Guidance for 2023 was also above our model/consensus, and with management pointing to strong January trends, our math suggesting Fx guidance likely embeds conservatism.
Published first on TheFly
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Read More on ZBH:
- Zimmer Biomet price target raised to $135 from $130 at Piper Sandler
- Zimmer Biomet sees FY23 adjusted EPS $6.95-$7.15, consensus $6.98
- Zimmer Biomet reports Q4 EPS $1.88, consensus $1.83
- Zimmer Biomet Announces Fourth Quarter and Full-Year 2022 Financial Results
- Increasing Medical Issues Bode Well for Zimmer Biomet Stock (NYSE:ZBH)
