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Fly News Breaks for April 11, 2016
MDXG
Apr 11, 2016 | 07:05 EDT
Brean Capital analyst Jason Wittes expects MiMedx shares to be pressured today after the company pre-announced lower than expected Q1 revenue and said it will not yet provide Q2 guidance. The analyst believes the recent Stability Biologics acquisition appears to be the source of some of the shortfall, but notes that this was not broken out by the company. Brean keeps a Buy rating on MiMedx shares.
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