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Fly News Breaks for August 7, 2019
INGN
Aug 7, 2019 | 13:30 EDT
KeyBanc analyst Matthew Mishan keeps a Sector Weight rating on Inogen and advises remaining patient in the search for a near-term floor for the shares as headwinds impact both the company's Business to Business and Direct to Consumer segments. While management still believes the long-term POC opportunity is intact and expressed confidence in returning to double-digit revenue growth in 2020, Mishan thinks near-term guidance may be more representative of the company's current momentum, he stated.
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