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Fly News Breaks for May 15, 2017
NUVA
May 15, 2017 | 08:53 EDT
Cowen analyst Joshua Jennings noted NuVasive reported in-line Q1 results, which he believes has caused investors' confidence to wane and prompted the share price decline. However, he views this as a buying opportunity for investors, as he believes the full-year-guidance is achievable/beatable. Following a meeting with management, his conviction has increased, said Jennings, who reiterated his Outperform rating and $85 price target on NuVasive shares.
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