Integer price target lowered to $140 from $150 at Benchmark

Benchmark analyst Robert Wasserman lowered the firm’s price target on Integer (ITGR) to $140 from $150 and keeps a Buy rating on the shares. Updated financial guidance for FY25 included revenues of $1.846B-$1.88B, the same as previously, and adjusted EPS of $6.15-$6.51, which is an increase, notes the analyst, who cites reduced valuation metrics for comparable stocks for the firm’s lower target after Integer reported better-than-expected results for its Q1.