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Fly News Breaks for June 7, 2016
NXTM
Jun 7, 2016 | 07:09 EDT
BTIG believes that Nxstage Medical can eventually generate about $1B in annual revenue from U.S. skilled nursing facilities, or SNFs. The firm says that the revenue the company can generate from SNFs, next gen machines, and peritoneal could eventually enable it to significantly beat consensus estimates. BTIG keeps a $27 price target and Buy rating on the shares.
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