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Fly News Breaks for August 7, 2018
OFIX
Aug 7, 2018 | 07:37 EDT
Cantor Fitzgerald analyst Craig Bijou raised his price target for Orthofix International to $66 saying that while the Q2 results were "messy," the earnings beat and raise keeps him positive. The sales miss and lower guidance raise concerns, Bijou tells investors in a research note, pointing out that he would like to see sequential progress on the sales disruptions. However, he calls Orthofix's earnings beat "impressive" and keeps an Overweight rating on the shares.
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