RBC Capital analyst Shagun Singh lowered the firm’s price target on Teleflex (TFX) to $120 from $135 and keeps a Sector Perform rating on the shares. The company delivered a 9% upside surprise to EPS, but shares retracted 13% likely on the quality of the beat and intra-aortic balloon pump U.S. headwinds, resulting in 2025 revenue guide reduction of 100bps at the midpoint, the analyst tells investors in a research note. RBC is also cutting its price target to reflect business headwinds, the firm added.
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 TFX:
- Teleflex Reports Strong Revenue Growth Amid Challenges
- Teleflex’s Earnings Call: Growth Amid Challenges
- Teleflex’s Mixed Financial Outlook: Hold Rating Amid Revenue Guidance Cut and Margin Decline
- Teleflex Reports Strong Q3 2025 Financial Results
- Teleflex reports Q3 adjusted EPS $3.67, consensus $3.38