ResMed (RMD) July out of the money puts active as share price down 12%

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Oppenheimer Downgrades ResMed (RMD) to Perform

June 25, 2024 6:02 AM EDT

Oppenheimer analyst Suraj Kalia downgraded ResMed (NYSE: RMD) from Outperform to Perform.

The analyst comments "SURMOUNT-OSA dataset was presented at ADA (NEJM link) on 06/21. While we have discussed GLP-1s/SURMOUNT-OSA at length and the risk we believe they represent to the... More