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Fly News Breaks for March 6, 2017
TFX
Mar 6, 2017 | 16:24 EDT
Needham analyst Mike Matson initiated Teleflex with a Buy and a $221 price target saying medical supplies are less vulnerable to pricing pressure and more likely to have an economic benefit. He expects new products to drive faster revenue growth while Teleflex continues to deliver significant margin improvement and thinks the Vascular Solutions acquisition will prove highly beneficial by increasing Teleflex's revenue growth, margins, and earnings.
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