Philips Management Lowers 2026 Growth Targets, Shares Tumble

Philips Management has dropped 2026 growth hopes, causing shares to fall pre-bell. The company, a leading health technology firm, has diversified its portfolio across diagnostic imaging, image-guided therapy, patient monitoring, and health informatics, as well as consumer health and home care. Despite the setback, Philips remains a prominent player in the health technology industry.