UBS lowered the firm’s price target on Somnigroup (SGI) to $75 from $81 and keeps a Buy rating on the shares. Somnigroup’s Q1 results had some moving pieces, but the foundation remains strong, the analyst tells investors in a research note.
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Read More on SGI:
- Somnigroup price target raised to $77 from $68 at Piper Sandler
- Somnigroup Reports Strong Sales Growth Amid Acquisition
- Somnigroup reports Q1 adjusted EPS 49c, consensus 47c
- Somnigroup cuts FY25 adjusted EPS view to $2.30-$2.65 from $2.60-$3.00
- Somnigroup International Releases Updated Investor Presentation
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