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Fly News Breaks for November 21, 2016
SRDX
Nov 21, 2016 | 08:04 EDT
As previously reported, Barrington analyst Michael Petusky downgraded SurModics to Market Perform from Outperform after the company's guidance for FY17 was meaningfully below consensus and his expectations. The analyst, who said he continues to like "much of what he sees" at SurModics, said he would revisit his rating if shares weaken "materially" from current levels.
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