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Fly News Breaks for June 11, 2015
NUVA
Jun 11, 2015 | 06:07 EDT
After meeting with management, Piper Jaffray analyst Matt O'Brien says investors should be building positions in NuVasive. O'Brien thinks the company will meet or beat his full year revenue target and that its earnings per share could top $2 by 2018. NuVasive CFO Quentin Blackford indicated the company’s C-suite management turnover is not impacting the business thus far, the analyst tells investors in a research note. He reiterates an Overweight rating on the stock with a $56 price target.
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