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Truist Financial Reaffirms Their Hold Rating on Teleflex (TFX)

Tipranks - Tue May 12, 7:08AM CDT

In a report released today, Richard Newitter from Truist Financial reiterated a Hold rating on Teleflex, with a price target of $143.00.

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Newitter covers the Healthcare sector, focusing on stocks such as Insulet, Boston Scientific, and Lantheus. According to TipRanks, Newitter has an average return of 5.9% and a 44.51% success rate on recommended stocks.

In addition to Truist Financial, Teleflex also received a Hold from Mizuho Securities’s Anthony Petrone in a report issued on May 8. However, on the same day, Raymond James maintained a Buy rating on Teleflex (NYSE: TFX).

Based on Teleflex’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $548.26 million and a GAAP net loss of $8.15 million. In comparison, last year the company earned a revenue of $700.67 million and had a net profit of $95 million

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