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Piper Sandler upgrades Edwards Lifesciences Corp (EW) rating to an Overweight

In a filing, Edwards Lifesciences Corp revealed its Officer Zovighian Bernard J acquired Company’s shares for reported $0.45 million on May 05 ’25. In the deal valued at $74.91 per share,5,980 shares were bought.

Then, BOBO DONALD E JR sold 9,500 shares, generating $663,196 in total proceeds. Upon selling the shares at $69.81, the CVP,Strategy/Corp Development now owns 47,206 shares.

Before that, Lippis Daniel J. sold 300 shares. Edwards Lifesciences Corp shares valued at $21,183 were divested by the CVP, JAPAC at a price of $70.61 per share. As a result of the transaction, Lippis Daniel J. now holds 22,863 shares, worth roughly $1.72 million.

Piper Sandler upgraded its Edwards Lifesciences Corp [EW] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Wolfe Research also remained covering EW and has decreased its forecast on January 16, 2025 with a “an Underperform” recommendation from previously “Peer perform” rating. BofA Securities revised its rating on December 16, 2024. It rated EW as “a Buy” which previously was an “a Neutral”.

Price Performance Review of EW

On Monday, Edwards Lifesciences Corp [NYSE:EW] saw its stock fall -0.71% to $75.11. Over the last five days, the stock has lost -0.57%. Edwards Lifesciences Corp shares have risen nearly 1.46% since the year began. Nevertheless, the stocks have fallen -10.90% over the past one year. While a 52-week high of $95.25 was reached on 05/02/25, a 52-week low of $58.93 was recorded on 04/09/25. SMA at 50 days reached $71.38, while 200 days put it at $70.30.

Levels Of Support And Resistance For EW Stock

The 24-hour chart illustrates a support level at 74.65, which if violated will result in even more drops to 74.20. On the upside, there is a resistance level at 75.55. A further resistance level may holdings at 75.99. The Relative Strength Index (RSI) on the 14-day chart is 59.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.67%. Stochastics %K at 81.34% indicates the stock is a selling.

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