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Fly News Breaks for March 21, 2017
PHG, MASI
Mar 21, 2017 | 08:07 EDT
Roth Capital analyst Chris Lewis raised his price target for Masimo (MASI) to $104 from $88 after hosting a fireside discussion with the company's CEO and Chairman Joe Kiani, and EVP and CFO Mark de Raad. The analyst has a reaffirmed bullish outlook on Masimo, supported by the Philips (PHG) strategic partnership, elevated Core SET growth outlook, new parameter market opportunities, and his expectation for a continued focus on driving "strong earnings growth." He reiterates a Buy rating on Masimo's shares.
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