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EXAC

Exactech

$26.58

0.12 (0.45%)

12:23
10/06/16
10/06
12:23
10/06/16
12:23

Exactech announces 'successful' first U.S. surgery using ExactechGPS

Exactech announced the successful first U.S. surgery using the new application of ExactechGPSGuided Personalized Surgery system for revision knee procedures. According to Exactech CEO David Petty, "We are pleased to broaden the use of our ExactechGPS computer guidance system with an application for revision total knee replacement. Even with the best implant systems in the hands of the best surgeons, sometimes patients' existing implants need to be removed and replaced, due to trauma, tumors, infection or implant failure." The ExactechGPS revision total knee application recently received 510(k) clearance in the U.S., and approval in the European Union.

EXAC Exactech
$26.58

0.12 (0.45%)

04/13/16
BARD
04/13/16
UPGRADE
BARD
Outperform
Exactech upgraded to Outperform from Neutral at Baird
04/13/16
BARD
04/13/16
UPGRADE
Target $26
BARD
Outperform
Exactech upgraded to Outperform at Baird
As reported previously, Baird analyst Jeff Johnson upgraded Exactech to Outperform from Neutral and raised his price target to $26 from $21, citing earlier than expected product approvals, product launches and customer wins. Johnson expects all of those factors to drive the company's performance above consensus expectations over the coming quarters.
04/13/16
04/13/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Foot Locker (FL) upgraded to Overweight at Piper Jaffray by analyst Erinn Murphy, who said the firm's Taking Stock with Teens survey suggested gains in athletic footwear and basketball. 2. Continental Resources (CLR) upgraded to Buy at Deutsche Bank with analyst Josh Silverstein citing his favorable outlook for the Anadarko Basin and the company's lower cost structure. 3. ArcelorMittal (MT) upgraded to Outperform at Credit Suisse saying the company is starting its first upgrade cycle in five years. 4. Cintas (CTAS) upgraded to Overweight at KeyBanc by analyst Joe Box, who said the company's expanding Facility Services portfolio could produce greater than expected organic growth. 5. Exactech (EXAC) upgraded to Outperform at Baird with analyst Jeff Johnson citing earlier than expected product approvals, product launches and customer wins. Johnson said all those factors will drive the company's performance above consensus expectations over the coming quarters. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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