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Fly News Breaks for August 10, 2015
SYK, ZBH
Aug 10, 2015 | 05:50 EDT
Piper Jaffray analyst Matt O'Brien views the 9% pullback this year in shares of Zimmer Biomet Holdings (ZBH) as overdone. The stock trades at a 25% discount to peer Stryker (SYK), the lowest level in five years, O'Brien tells investors in a research note. The analyst believes Zimmer Biomet can post upside to consensus estimates and he keeps an Overweight rating on the stock with a $125 price target.
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