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AI SNN Forecast

Price Forecast:

Bearish <-> Bullish

Bullish Case: A rebound in elective surgeries and institutional buying could drive SNN prices above $30, leveraging improving market conditions and existing support levels.

Bearish Case: Persistent competition and regulatory challenges may maintain downward price pressure, with a potential drop below $25 as mean reversion trends continue.

Potential Outcomes:

1. Recovery boosts SNN to $32 (40%),

2. Stagnation at $30 (30%),

3. Decline to $25 (30%). Increased surgical demand and macroeconomic improvements bolster upside risk.

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October 20, 2024

Smith & Nephew plc Forecast

SNN Smith & Nephew plc

Price Forecast
Future Uncertainty

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MUR Murphy Oil (-0.84)

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