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Fly News Breaks for August 27, 2018
ZBH
Aug 27, 2018 | 12:23 EDT
Wells Fargo analyst Larry Biegelsen views the warning letter disclosed this morning by Zimmer Biomet as more headline risk than actual setback. The warning letter will not delay new product approvals and will not materially increase the spending required for remediation, Biegelsen tells investors in a research note. The analyst keeps an Outperform rating on the shares.
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