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Fly News Breaks for March 11, 2016
SYK, NVDQ
Mar 11, 2016 | 05:58 EDT
After hosting investor meetings with management, Piper Jaffray analyst Matt O'Brien recommends purchasing shares of Novadaq (NVDQ) at current levels. The analyst believes the company is on track to meet or beat Q1 revenue estimates. Novadaq is still not seeing any impact from Stryker's (SYK) competitive system, Olson tells investors in a research note. He keeps an Overweight rating on the shares with a $16.50 price target.
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