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Fly News Breaks for August 9, 2016
ABMD
Aug 9, 2016 | 07:31 EDT
Jefferies analyst Raj Denhoy raised his price target for Abiomed to $145 after hosting meetings with management. Few growth stories can rival Abiomed for large underpenetrated markets, established reimbursement, and no appreciable competition, Denhoy tells investors in a research note. He believes the company's outlook remains "very encouraging" and keeps a Buy rating on the shares.
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