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Masimo downgraded to Hold from Buy at Stifel

Stifel downgraded Masimo (MASI) to Hold from Buy with an $180 price target after the company agreed to be acquired by Danaher (DHR) for about $9.9B, or $180 per share. The acquisition announcement is “an all-around positive finish to Masimo’s recent story as a public company,” the analyst tells investors.

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