Masimo Corp. (MASI) Misses Q1 EPS by 9c

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Masimo Corp. (MASI) PT Lowered to $163 at Needham & Company

May 4, 2022 6:43 AM EDT

Needham & Company analyst Michael Matson lowered the price target on Masimo Corp. (NASDAQ: MASI) to $163.00 (from $205.00) while maintaining a Buy rating following earnings.

The analyst commented, "MASI's 1Q22 revenue was in-line with its preannouncement while EPS beat consensus and management updated its prior... More