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Wells Fargo Maintains Overweight on Masimo (MASI) Following Investor Day Confidence In Long-Range Revenue Targets
Yahoo Finance· 2026-01-01 11:29
Masimo Corporation (NASDAQ:MASI) is one of the best NASDAQ stocks to buy in 2026. On December 5, Wells Fargo raised the firm’s price target on Masimo to $190 from $187, while maintaining an Overweight rating on the shares. The firm observed that the company’s Investor Day underscored a strong belief in its sustained, multi-year expansion. Wells Fargo specifically highlighted an expected annual revenue growth rate of 7% to 10% through 2028 and noted that the introduction of new products is projected to push ...