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Fly News Breaks for December 13, 2016
GMED
Dec 13, 2016 | 07:08 EDT
Gabelli identifies Globus Medical as its best idea for 2017. The firm expects the company's initiatives to boost its sales growth next year. Gabelli notes that the company will be launching 10-15 new products in 2017, including its first robotic systems for spine applications, and it expects the company to benefit from new federal policies. Gabelli keeps a $36 price target and a Buy rating on the shares.
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