Integer Holdings Stock Surges on Analyst Upgrades and Q4 Earnings
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TL;DR
Integer Holdings stock rose 2.23% after analyst upgrades and strong Q4 earnings, with revenue up 5% YoY and non-GAAP net income rising 22%. Analysts raised price targets, including Benchmark to $95 per share.
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Integer Holdingsstock surgeanalyst upgradesQ4 earningsprice targets
Integer Holdings stock rose 2.23% on Friday after several analyst upgrades, including a recommendation upgrade from Benchmark's Robert Wasserman. The company posted better-than-expected revenue and profitability figures in its latest earnings report, with a 5% YoY increase in sales and a 22% rise in non-GAAP net income. Analysts raised their price targets, with Benchmark setting a target of $95 per share and Wells Fargo and Truist Securities raising their targets to $84 and $97 per share, respectively.
