Analysts raised their price targets for Merit Medical Systems after the company reported strong sales and profit last quarter.

Oct 30, 2026, 6:54 AM ETResultsRead the original at Benzinga

Good for MMSI

Merit Medical beat forecasts for quarterly profit and sales and raised its yearly profit forecast. Its sales forecast range also moved slightly higher, supporting a stronger outlook.

MMSI · Merit Medical Systems, Inc.

AI read · Good for MMSI

The AI's read

The stronger yearly profit forecast and faster sales growth point to better business performance. The new sales forecast range is narrower, but both limits moved slightly higher. Analyst target increases add support, but the company’s results and forecast matter most.

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