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Fly News Breaks for September 18, 2017
NUVA
Sep 18, 2017 | 07:58 EDT
Cowen analyst Joshua Jennings said NuVasive shares likely reflect most investor concerns regarding US spine volumes, insurers push-back, guidance, weather impact, and the CFO departure. Jennings expects investors to begin to focus on the LessRay system, new products, new salespeople, and new surgeon customers, which will drive a recovery in shares. The analyst rates NuVasive an Outperform with an $83 price target.
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