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Fly News Breaks for January 8, 2018
HAE
Jan 8, 2018 | 06:14 EDT
Jefferies analyst Anthony Petrone raised his price target for Haemonetics to $75 saying his bottoms up model on NexSys points to $18 of potential economic value creation for end customers. Should this prove out, Haemonetics will be well positioned heading into contracting later this year, Petrone tells investors in a research note. The analyst says his new price target reflects benefits of both restructuring and tax reform. Haemonetics remains a top pick with a Buy rating.
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