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Fly News Breaks for September 15, 2016
HOLX, BVX
Sep 15, 2016 | 08:47 EDT
JMP Securities analyst David Turkaly believes that Bovie is scaling up its J-Plasma product, as its new partnership deals with Hologic (HOLX,) in OB-GYN surgery and Arteriocyte Medical Systems in plastics increase the credibility of the technology. He thinks that the company can make more such deals, while its core business and OEM franchise are both performing well. The analyst reiterates an Outperform rating on the shares.
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