Masimo price target raised to $215 from $210 at Piper Sandler

Piper Sandler analyst Jason Bednar raised the firm’s price target on Masimo (MASI) to $215 from $210 and keeps an Overweight rating on the shares. The firm notes the company announced Q4 revenue of $601M/+9% cc that was consistent with the company’s preliminary release in January, while adjusted EPS finished at $1.80 on the back of strong HC operating margin. 2025 revenue guidance was reaffirmed at up 8%-11%, but management is already ratcheting higher its EPS guidance, with the midpoint shifting 25c higher just six weeks after the initial guide was provided.