Teleflex upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital analyst Shagun Singh upgraded Teleflex (TFX) to Outperform from Sector Perform with a price target of $155, up from $135. The firm says the company is making progress towards its business transformation. The incoming CEO brings “proven MedTech growth leadership” while Teleflex’s interventional growth should accelerate beginning in the second half of 2026, the analyst tells investors in a research note. RBC adds that the company’s divestitures are on track, unlocking $1.8B in shareholder value.