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Fly News Breaks for March 23, 2015
SNN
Mar 23, 2015 | 05:38 EDT
Goldman Sachs upgraded Smith & Nephew to Buy saying a takeover by a larger player in the orthopaedics space makes strategic sense and that it expects the company's organic top-line growth to reaccelerate in 2015. Goldman says shares at current levels are trading below its standalone valuation and that its price target implies 13% upside.
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