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Fly News Breaks for February 20, 2020
MASI
Feb 20, 2020 | 05:16 EDT
Piper Sandler analyst William Quirk raised the firm's price target on Masimo to $201 from $175 and keeps an Overweight rating on the shares. Masimo announced Q4 revenue and earnings above its preliminary announcement and management reiterated 2020 revenue guidance of 11% constant currency growth to $1.035B, Quirk tells investors in a post-earnings research note. The analyst continues to believe the company can exceed its 8%-10% growth target.
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