ResMed (RMD) Tops Q2 EPS by 22c, Beats on Revenues

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ResMed (RMD) Gains Over 17% on FQ2 Earnings Beat, Ratings Upgrades and Price Target Boost

January 23, 2018 12:13 PM EST

ResMed (NYSE: RMD) is seeing buyers bid up shares today, gaining 17% on the session, after the company reported fiscal second quarter earnings per share and revenue figures above consensus, last night after the close.

Analysts on Wall Street responded to the company's... More

Northland Capital Markets Upgrades ResMed (RMD) to Market Perform

January 23, 2018 8:50 AM EST

Northland Capital Markets upgraded ResMed (NYSE: RMD) from Underperform to Market Perform with a price target of $80.00.

Analyst Suraj Kalia comments "While our core thesis on price erosion has been right, with organic GM' down ~700 bps over last 3 yrs & net mgns down ~ 500 bps;... More

Needham & Company Upgrades ResMed (RMD) to Hold

January 23, 2018 7:34 AM EST

Needham & Company upgraded ResMed (NYSE: RMD) from Underperform to Hold.

Analyst Mike Matson commented, "RMD's revenue and EPS both significantly beat consensus in F2Q18. Organic revenue growth improved to 11% in F2Q18 from 10% in F1Q18 as RMD saw both stronger... More

ResMed (RMD) PT Raised to $76 at Barclays

January 23, 2018 5:18 AM EST

Barclays raised its price target on ResMed (NYSE: RMD) to $76.00 (from $70.00) while maintaining a Underweight rating.

... More