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Fly News Breaks for July 29, 2015
NVDQ
Jul 29, 2015 | 05:58 EDT
Piper Jaffray analyst Matt O'Brien says Novadaq's $2.5M full-year revenue guidance cut is not overly concerning given the positive trends the company is seeing. The analyst lowered his price target for shares to $16.50 from $19 but continues to believe in the longer term market opportunity for Novadaq's fluorescence imaging technology. He maintains an Overweight rating on the stock.
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