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Fly News Breaks for January 21, 2016
ZLTQ
Jan 21, 2016 | 06:03 EDT
Piper Jaffray analyst Matt O'Brien says the 17% year-to-date pullback in shares of ZELTIQ Aesthetics on concerns about utilization and the potential for a global recession is overdone. Several leading indicators for ZELTIQ, including web traffic, Google trends, new account openings and multi-system placements, are at all-time highs, O'Brien tells investors in a research note. He keeps an Overweight rating on the shares.
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