MarketBeat Earnings
CONMED Corporation $CNMD Stock Holdings Lessened by Amundi
Amundi significantly reduced its stake in CONMED Corporation (NYSE:CNMD) by 99.7% in the first quarter, selling over 2.29 million shares. Despite this, other major investors increased their holdings, and CONMED surpassed earnings and revenue expectations. However, analysts maintain a cautious "Reduce" rating with a price target below the current stock price.