tiprankstipranks
Trending News
More News >

Embecta price target lowered to $25 from $26 at BTIG

BTIG analyst Marie Thibault lowered the firm’s price target on Embecta (EMBC) to $25 from $26 and keeps a Buy rating on the shares after its Investor Day presentation. The company has reaffirmed its FY25 guidance with long-range targets offered through FY28, the analyst tells investors in a research note. Embecta’s lower margin outlook relative to FY25 reflects inflationary headwinds, pricing pressure and incremental tariffs, partially offset by cost improvement programs, the firm added.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1