Needham starts ICU Medical at hold, cites limited revenue growth (NASDAQ:ICUI)
2024-06-21
duoogle Needham initiated coverage of ICU Medical (NASDAQ:ICUI) with a hold rating, citing limited revenue growth. “While we think ICUI’s currently depressed earnings will recover over the next few years, we expect its low-single-digit normalized revenue growth to limit its earnings growth to the mid- to high-single digits,” Needham saidContinue Reading