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Fly News Breaks for July 24, 2018
MMSI
Jul 24, 2018 | 07:22 EDT
Canaccord analyst Jason Mils raised his price target on Merit Medical to $70 from $60 following Q2 results. The analyst noted the company delivered solid upside to expectations and he sees strong momentum in the business. He sees multiple tailwinds that could drive more upside, including increasing operating leverage, solid trends in core businesses, and supply issues at a competitor. Mills reiterated his Buy rating on Merit Medical shares.
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