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Fly News Breaks for May 23, 2017
OFIX
May 23, 2017 | 08:05 EDT
SuinTrust analyst Bruce Nudell started coverage of Orthofix with a $49 price target and a Buy rating. The analyst says that the company has improved its "operational efficiency" and can use M&a to accelerate its growth and boost its stock multiple. He thinks the company will generate "modest" organic growth and steady margins going forward, excluding any M&A.
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