In a report released yesterday, Vik Chopra from Wells Fargo reiterated a Buy rating on Masimo (MASI – Research Report), with a price target of $205.00.
Vik Chopra has given his Buy rating due to a combination of factors that highlight Masimo’s strong financial performance and strategic initiatives. The company’s recent earnings report showed that their Q4 revenues met pre-announcement expectations, while earnings per share exceeded consensus estimates, indicating robust financial health.
Furthermore, Masimo’s management has raised the guidance for both operating margins and earnings per share for 2025, reflecting confidence in the company’s future profitability. The new CEO’s focus on long-term growth strategy and the divestment of Sound United are seen as positive steps towards optimizing the company’s operations and cost structure. Additionally, despite potential tariff impacts, Masimo has contingency plans in place, which further supports the positive outlook for the stock.
In another report released yesterday, BTIG also reiterated a Buy rating on the stock with a $206.00 price target.