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Fly News Breaks for April 27, 2015
NUVA
Apr 27, 2015 | 08:10 EDT
After NuVasive's stock fell about 5%, RBC Capital says the decline was due to concerns that the departure of the company's CEO and founder,Alex Lukianov, could slow its innovation. However, the firm thinks the company's outlook remains stable, while it is continuing to gain share. RBC keeps a $56 price target and Outperform rating on the shares.
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