Masimo Shares Up, Foot Locker Upgraded
March 25 2024 - 9:30AM
IH Market News
Shares of Masimo (NASDAQ:MASI) are moving sharply higher in
pre-market trading after the medical technology company announced
its board has authorized management to evaluate a proposed
separation of its consumer business.
Sportswear and footwear retailer Foot Locker (NYSE:FL) is also
likely to see initial strength after Evercore ISI upgraded its
rating on the company’s stock to Outperform from In-Line.
On the other hand, shares of Scotts Miracle-Gro (NYSE:SMG) may
move to the downside after Raymond James downgraded its rating on
the lawn care company’s stock to Market Perform from Strong
Buy.
Scotts Miracle Gro (NYSE:SMG)
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