Citi upgraded Integer (ITGR) to Buy from Neutral with a price target of $140, up from $133. The company reported a “satisfying” Q1 sales performance and is well positioned to build on its growth drivers, the analyst tells investors in a research note. Regarding tariffs, Citi says Integer has little exposure to China and has not seen much change in customer purchasing behavior. With “great positioning in high-growth markets,” Integer should “accelerate forward,” contends the firm.
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Read More on ITGR:
- Integer price target raised to $150 from $140 at Truist
- Positive Outlook for Integer Holdings: Strong Q1 Performance, Strategic Debt Refinancing, and Smooth CEO Transition Support Buy Rating
- Integer Holdings’ Earnings Call Highlights Robust Growth
- Integer price target raised to $150 from $145 at Raymond James
- Integer price target lowered to $140 from $150 at Benchmark