Teleflex downgraded to Sector Perform from Outperform at RBC Capital

RBC Capital downgraded Teleflex (TFX) to Sector Perform from Outperform with a price target of $155, down from $220. The company reported a Q4 sales miss, issued disappointing 2025 revenue growth guidance, and announced its intention to split into two businesses, the analyst tells investors in a research note. The firm says the update “raises several questions on the current state of the business until the separation.” Teleflex is now a “show-me” story until it demonstrates it can return to and consistently deliver 6% growth post-separation, contends RBC.