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Fly News Breaks for June 5, 2018
TFX
Jun 5, 2018 | 08:41 EDT
Leerink analyst Richard Newitter raised his price target for Teleflex to $317 from $309 after meeting with management as the discussion reinforced his view that over the next several years there is relatively clear line of sight for the company to be an HSD top-line grower while also delivering 350bps-490bps of margin expansion and a mid-teens EPS growth trajectory. The analyst reiterates an Outperform rating on the shares.
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