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Fly News Breaks for June 4, 2018
MMSI
Jun 4, 2018 | 09:18 EDT
Wells Fargo analyst Lawrence Biegelsen raised his price target for Merit Medical to $58 from $53 after hosting a business update call with management that helped reaffirm his confidence in the company's near and longer-term business prospects especially in light of last week's unexpected announcement that CFO, Bernard Birkett, was leaving Merit Medical to pursue other opportunities. The analyst reiterates an Outperform rating on the shares.
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