Masimo Corporation (MASI) Misses Q2 EPS by 2c

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Go back to Masimo Corporation (MASI) Misses Q2 EPS by 2c

Piper Jaffray Downgrades Masimo Corp. (MASI) to Neutral

August 8, 2014 7:00 AM EDT

Piper Jaffray downgraded Masimo Corp. (NASDAQ: MASI) from Overweight to Neutral with a price target of $27.00 (from $33.00).

Analyst William Quirk commented, "Masimo reported 2Q14 results below expectations with revenue growth of 2.5% to $140.9M below our $147.4M estimate (Street: $145.8M). Product revenues... More