On Oct 31, major Wall Street analysts update their ratings for $Omnicell (OMCL.US)$, with price targets ranging from $49 to $58.
BofA Securities analyst Allen Lutz downgrades to a hold rating, and adjusts the target price from $44 to $57.
Barclays analyst Stephanie Davis maintains with a hold rating, and adjusts the target price from $39 to $58.
Wells Fargo analyst Stan Berenshteyn maintains with a hold rating, and adjusts the target price from $41 to $49.
Craig-Hallum analyst Matt Hewitt maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Omnicell (OMCL.US)$'s main analysts recently are as follows:
The market anticipates a robust resurgence in growth for Omnicell's Product business, as reflected by the 30% increase in share value. Despite this, the prospect for growth remains unclear, even with potential sales boosts from product extensions such as XTAmplify.
Omnicell's shares experienced an 8% increase following a beat on expected numbers and an upward revision of future guidance that exceeded the third quarter's positive results. It is noted that Omnicell has increased the lower end of its bookings by $25 million, indicating a more favorable environment as it approaches fiscal year 2025.
Here are the latest investment ratings and price targets for $Omnicell (OMCL.US)$ from 4 analysts:
Note:
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