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Fly News Breaks for January 5, 2017
MZOR
Jan 5, 2017 | 10:33 EDT
Ladenburg Thalmann analyst Jeffrey Cohen raised his price target for Mazor Robotics to $34 after the company said it received purchase orders for 21 systems during Q4. The analyst views the number as an upside surprise as he assumed 18 units being placed in the quarter. Cohen believes his unchanged 2017 and 2018 estimates could prove conservative and he reiterates a Buy rating on Mazor shares.
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