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Fly News Breaks for July 20, 2017
MMSI
Jul 20, 2017 | 07:32 EDT
BofA/Merrill analyst Bob Hopkins initiated Merit Medical with a Buy and a $44 price target due to earnings upside and margin expansion opportunity. The analyst said management is focused on profits, mix shift, a realigned salesforce focused on specific product areas, outside the US salesforce conversions to direct models, and lower cost manufacturing and plant consolidation.
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