Core Viewpoint - Raymond James has lowered the price target for Integer (ITGR) to $95 from $143 while maintaining an Outperform rating, following a 32% decline in stock price due to customer-related headwinds impacting 2026 organic growth [1] Group 1: Price Target and Rating - The price target for Integer (ITGR) has been reduced to $95 from $143 [1] - Raymond James continues to hold an Outperform rating on the shares despite the price target adjustment [1] Group 2: Stock Performance and Market Reaction - The stock experienced a significant drop of 32% after news of limitations from three customers affecting future growth [1] - The update regarding the price target and rating was unexpected for investors who were already cautious prior to the announcement [1] Group 3: Growth Outlook and Future Prospects - The company is facing headwinds that limit 2026 organic growth to low single digits (LSD) [1] - Despite current challenges, there is optimism for recovery starting in late 2026 due to a broad range of exposures and upcoming product launches [1]
Integer price target lowered to $95 from $143 at Raymond James