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Fly News Breaks for May 16, 2016
GMED
May 16, 2016 | 05:49 EDT
Goldman Sachs analyst David Roman downgraded Globus Medical to Sell saying the concerted effort from large spine players to improve performance makes the outlook for smaller participants "increasingly difficult." The analyst cut his price target for the shares to $21 from $26 to reflect earnings risk and a reduced growth outlook.
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