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Fly News Breaks for January 6, 2016
NUVA
Jan 6, 2016 | 08:32 EDT
Baird raised its price target on NuVasive to $62 from $57 following its announced acquisition of Ellipse. The firm said the deal provides many potential strategic and financial positives over both the short and longer run and should extend its disruptive differentiated reach while providing revenue and cost synergies. Baird reiterated its Outperform rating on NuVasive shares.
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