Masimo Corp. (MASI) Tops Q1 EPS by 10c

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Piper Jaffray Upgrades Masimo Corp. (MASI) to Overweight

May 5, 2016 6:51 AM EDT

Piper Jaffray upgraded Masimo Corp. (NASDAQ: MASI) from Neutral to Overweight with a price target of $52.00 (from $43.00).

Analyst William Quirk commented, "Masimo reported 1Q16 results well ahead of expectations with revenue growth of 10.8% to $171.2M, above consensus' $165.3M estimate. Product revenues also grew 10.8% to... More