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Fly News Breaks for July 21, 2016
BABY
Jul 21, 2016 | 08:47 EDT
Roth Capital analyst Chris Lewis says Natus Medical delivered a "nice rebound" quarter as its Q2 results beat expectations and the company upped its 2016 outlook. The analyst attributes Natus Medical's light Q3 guide to conservatism and views its M&A scope targeting potentially larger acquisitions as a positive change in strategy. Lewis reiterates a Buy rating on the stock and raised his price target on the shares to $45 from $44.
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