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Fly News Breaks for August 17, 2017
GMED
Aug 17, 2017 | 11:07 EDT
Piper Jaffray analyst Matt O'Brien says that given fear among investors that the system would not receive approval for a long time, this morning's announcement from Globus Medical that the Excelsius GPS robotics system received 510k approval is a "clear positive." The analyst adds that he continues to receive favorable commentary from clinicians about the Globus' robotic system. He recommends buying the stock at current levels.
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