ResMed slips after Stifel cuts PT

ResMed

05/03/2025 16:02

** Shares of medical device maker ResMed RMD.N down 4.3% at $221.44

** Stifel cuts PT to $240 from $250, reiterates "hold" rating

** Eleven brokerages rate company "buy" or higher, while six "hold" and one "strong sell"; median PT at $278.66 - LSEG data

** Including session's move, stock down 3.1% YTD

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)

 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))