BofA upgraded Haemonetics (HAE) to Neutral from Underperform with a price target of $75, up from $58. Plasma volume growth returned to high single digits in the U.S. this quarter and double digits in Europe, notes the analyst, who thinks Haemonetics is taking a “more prudent view” on its guidance philosophy.
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Read More on HAE:
- Haemonetics price target raised to $90 from $86 at Barrington
- Haemonetics price target raised to $82 from $65 at Baird
- Haemonetics Reports Improved Profitability Amid Revenue Decline
- Haemonetics: Strong Financial Performance and Strategic Adjustments Drive Buy Rating
- Haemonetics price target raised to $88 from $85 at BTIG
