12:03 PM EDT, 10/24/2025 (MT Newswires) -- Integer Holdings ( ITGR ) faces murky growth prospects, fueling skepticism that sales will rebound in 2027, BofA Securities said Friday in a report.
Integer's top three customers account for roughly half of total revenue, raising concerns about concentration risk and dependence on customer product performance, the report said.
Integer doesn't appear to be aligned with the leading products in the fast-growing market for pulsed field ablation to treat atrial fibrillation, the report said.
BofA cut its 2026 revenue growth estimate to 1% and expressed doubt about the company's forecast for acceleration to 6% to 8% in 2027.
BofA lowered its rating on Integer stock to neutral from buy and slashed its price objective to $87 from $135.
Integer shares fell 4.6% in recent Friday trading.
Price: 70.50, Change: -3.39, Percent Change: -4.59