BTIG Maintains a Hold Rating on Masimo (MASI)

BTIG analyst Marie Thibault maintained a Hold rating on Masimo (MASIResearch Report) yesterday. The company’s shares closed last Tuesday at $268.80.

According to TipRanks.com, Thibault is a 5-star analyst with an average return of 58.9% and a 58.4% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Irhythm Technologies, and Boston Scientific.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Masimo with a $295.00 average price target.

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The company has a one-year high of $284.86 and a one-year low of $203.81. Currently, Masimo has an average volume of 348.1K.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MASI in relation to earlier this year.

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Masimo Corp. is a medical technology company, which develops, manufactures and markets non invasive patient monitoring technologies, medical devices and sensors. Its products include continuous monitors, patient-worn monitors, hospital automation connectivity, capnography & gas, data download & analytics and sensors & accessories. The company was founded by Joe E. Kiani in May 1989 and is headquartered in Irvine, CA.