UBS cuts Enovis stock price target on acquisition impact
UBS reduced its price target for Enovis Corp (NYSE:ENOV) to $44 from $51, citing the impact of its recent acquisition and seasonality. The stock is trading at $18.43, near its 52-week low, with a potential upside of over 138% to the new target. Enovis expects a 100 basis points headwind to 2027 adjusted EBITDA margins due to the acquisition, with margin improvement anticipated in 2028.

