Needham cuts Enovis stock price target on robotics deal impact
Needham reduced its price target for Enovis Corp (NYSE:ENOV) to $34 from $52, citing margin pressure from the expected acquisition of eCential Robotics. The firm maintained a Buy rating and adjusted 2027 EBITDA and EPS estimates downward. Enovis shares trade near their 52-week low, with analysts noting a potential undervaluation.


