Masimo Corporation's Mighty Momentum Continues in 3rd Quarter
![Masimo Corporation's Mighty Momentum Continues in 3rd Quarter Masimo Corporation's Mighty Momentum Continues in 3rd Quarter](https://g.foolcdn.com/editorial/images/461654/third-quarter-button.jpg)
Things looked so great for Masimo Corporation (NASDAQ: MASI) when it reported results from the second quarter in August that the company upped its full-year guidance. Revenue and earnings soared, and the maker of non-invasive monitoring technologies didn't think the momentum would slow down in the second half of 2017.
Masimo announced its third-quarter results after the market closed on Tuesday. Its optimism from three months ago proved to be spot on. Here are the highlights from Masimo's strong performance.
Image source: Getty Images.
Source: Fool.com
Masimo Corp. Stock
We see a rather positive sentiment for Masimo Corp. with 8 Buy predictions and 1 Sell predictions.
As a result the target price of 147 € shows a slightly positive potential of 16.53% compared to the current price of 126.15 € for Masimo Corp..