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Fly News Breaks for October 26, 2016
NUVA
Oct 26, 2016 | 06:13 EDT
Piper Jaffray analyst Matt O'Brien recommends being an "aggressive" buyer of NuVasive shares on the post-earnings selloff. The company's below consensus Q3 results and reduced full year sales guidance are a "speed bumps," which all companies hit, O'Brien tells investors in a research note. The analyst still expects NuVasive will be a multi-year growth and margin expansion story. He keeps an Overweight rating on the shares with a $70 price target.
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