Form 10-Q OWENS & MINOR INC/VA/ For: Mar 31

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Go back to Form 10-Q OWENS & MINOR INC/VA/ For: Mar 31

Owens & Minor (OMI) PT Lowered to $18 at BofA Securities

May 6, 2024 5:52 AM EDT

BofA Securities analyst Michael Cherny lowered the price target on Owens & Minor (NYSE: OMI) to $18.00 (from $19.00) while maintaining a Underperform rating.

The analyst comments "OMIs Products and Healthcare Services (P&HS) saw growth accelerate in 1Q, likely driven by utilization. However, in the more important Patient Direct (PD) business, growth decelerated, and margins compressed due to investments. While... More