Owens & Minor price target lowered to $11 from $13 at Citi

Citi lowered the firm’s price target on Owens & Minor to $11 from $13 and keeps a Buy rating on the shares. The firm does not think the company’s Q1 earnings will do much to assuage concerns around tariffs and the pending Rotech acquisition. Citi expects a relatively in-line quarter with no change to fiscal 2025 guidance.