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Fly News Breaks for November 15, 2016
NVDQ
Nov 15, 2016 | 08:24 EDT
Following Novadaq's analyst day meeting yesterday, Canaccord analyst Jason Mills attributes a pullback in the shares to an overreaction to management's discussion about the evolution of the company's business model. However, Mills think the shift is strategically positive for the company over the medium- to long-term and recommends buying amid the weakness. He keeps a Buy rating and $15 price target on Novadaq shares.
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