Raymond James downgraded Masimo (MASI) to Market Perform from Outperform without a price target The firm expects the announced acquisition by Danaher (DHR) to close in Q2 or Q3 with no other higher offers. The shares are trading near the $180 offer price, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MASI:
- Early ruling says Apple Watch redesign not infringing patents, Bloomberg reports
- Judge approves Apple Watch redesign in Masimo patent case, Bloomberg says
- Masimo assumed with an Equal Weight at Wells Fargo
- Masimo Corp. (MASI) Q4 Earnings Cheat Sheet
- Palantir upgraded, Workday downgraded: Wall Street’s top analyst calls
