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Fly News Breaks for September 28, 2015
ELGX
Sep 28, 2015 | 06:34 EDT
BTIG upgraded Endologix to Buy based on U.S. physician survey combined with the recent selloff in shares. Analsyt Sean Lavin said a survey of U.S. physicians indicates Nellix adoption will be brisk and notes procedure times are decreasing with experience. Lavin sees more upside with the successful Nellix launch given the weakness year-to-date in shares. The analyst has a $16 price target on shares.
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