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Fly News Breaks for September 23, 2019
MMSI
Sep 23, 2019 | 16:09 EDT
Oppenheimer analyst Steven Lichtman started Merit Medical Systems with an Outperform rating and $40 price target. The current valuation, which represents a 35% discount to peers, is attractive, Lichtman tells investors in a research note. He sees revenue opportunities for the company from market-share gains in embolic beads and a "building" oncology franchise.
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