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Fly News Breaks for July 7, 2016
BABY
Jul 7, 2016 | 09:11 EDT
Roth Capital analyst Chris Lewis raised his price target for Natus Medical to $44 from $40 after the company announced it has acquired RetCam ophthalmic imaging systems from Clarity Medical Systems for $10.6M. The analyst believes Natus Medical's core business will have a "strong" rebound in Q2 after its Q1 revenue shortfall. He reiterates a Buy rating on Natus' shares.
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