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Fly News Breaks for May 2, 2018
ABT, SRDX
May 2, 2018 | 15:11 EDT
Lake Street analyst Brooks O'Neil raised his price target for Surmodics (SRDX) to $76 from $38, citing the company's "solid" Q2 results, guidance for FY18 and the strategic agreement with Abbott (ABT, which he believes is a "game changer." The analyst reiterates a Buy rating on Surmodics shares.
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