On Oct 31, major Wall Street analysts update their ratings for $Zimmer Biomet Holdings (ZBH.US)$, with price targets ranging from $117 to $140.
Morgan Stanley analyst Drew Ranieri maintains with a hold rating, and maintains the target price at $118.
Wells Fargo analyst Larry Biegelsen maintains with a hold rating, and adjusts the target price from $110 to $117.
TD Cowen analyst Josh Jennings maintains with a hold rating, and maintains the target price at $119.
Oppenheimer analyst Steven Lichtman maintains with a buy rating, and maintains the target price at $135.
Needham analyst Michael Matson maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Zimmer Biomet Holdings (ZBH.US)$'s main analysts recently are as follows:
Zimmer Biomet announced Q3 sales that surpassed consensus expectations, with EPS meeting the forecast. The anticipated impact from the ERP system has been revised to a 60-80 basis point effect on the second half of the year, a reduction from the initial 100 basis point estimate. Moreover, projections for 2024 sales growth and EPS have been adjusted to 4.25-4.75% and $7.95-8.05 respectively.
Here are the latest investment ratings and price targets for $Zimmer Biomet Holdings (ZBH.US)$ from 8 analysts:
Note:
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