Conmed Corporation (CNMD) has disclosed a new risk, in the Supply Chain category.
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Conmed Corporation is facing significant business risks due to its global operations and reliance on diverse raw materials, which are subject to price volatility and supply chain disruptions. The company is vulnerable to geopolitical tensions, such as those in Ukraine and the Middle East, and protectionist trade policies that may lead to increased tariffs and inflationary pressures on materials and wages. These factors could elevate operating costs and challenge the company’s ability to meet customer demand, potentially damaging its market position and reputation. Despite efforts to mitigate these risks through strategic supply management practices, the ongoing global supply chain issues may continue to adversely affect Conmed’s business and financial performance.
The average CNMD stock price target is $77.17, implying 22.86% upside potential.
To learn more about Conmed Corporation’s risk factors, click here.