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Fly News Breaks for July 5, 2016
NUVA
Jul 5, 2016 | 13:19 EDT
Piper Jaffray analyst Matt O'Brien raised his price target for NuVasive to $65 from $58 after the company announced the completion of its acquisition of Biotronic. The analyst also increased his 2016 sales estimate by $27.1M and EPS by 4c, and his 2017 sales projection by $59M and EPS by 10c. Piper Jaffray has an Overweight rating on NuVasive's shares.
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