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NUVA

NuVasive

$61.65

-0.62 (-1.00%)

08:04
09/06/17
09/06
08:04
09/06/17
08:04

NuVasive receives FDA 510(k) clearnce for MAGE system with RELINE

NuVasive announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for use of the company's redesigned MAGEC system with its RELINE Small Stature system. NuVasive will feature these new product offerings at the Scoliosis Research Society 52nd Annual Meeting & Course to be held September 6-9, 2017 in Philadelphia.

  • 06

    Sep

  • 11

    Sep

NUVA NuVasive
$61.65

-0.62 (-1.00%)

08/16/17
UBSW
08/16/17
NO CHANGE
Target $82
UBSW
Buy
NuVasive weakness a buying opportunity, says UBS
UBS analyst Matt Miksic noted NuVasive missed Q2 results and announced management changes that concerned investors. The naming of its new CFO should help ease those concerns and thus the analyst views the pullback as an attractive buying opportunity. Miksic reiterated his Buy rating and $82 price target on NuVasive shares.
08/16/17
ADAM
08/16/17
NO CHANGE
Target $80
ADAM
Buy
NuVasive CFO hiring removes an overhang, says Canaccord
Canaccord analyst Kyle Rose said the NuVasive hiring of a new CFO was a positive and removes a near-term overhang for the shares. He believes guidance will be conservative despite momentum for new products. Rose reiterated his Buy rating and $80 price target on NuVasive shares.
08/28/17
NEED
08/28/17
DOWNGRADE
NEED
Underperform
NuVasive downgraded to Underperform from Hold at Needham
08/28/17
08/28/17
DOWNGRADE

Underperform
NuVasive downgraded to Underperform at Needham
As previously reported, Needham analyst Mike Matson downgraded NuVasive (NUVA) to Underperform from Hold saying that his math indicates that consensus revenue estimates require an acceleration in its market share gains but NuVasive's rate of market share gain is more likely to decrease given the improving spine performance at Medtronic (MDT). Further, the analyst believes that slower revenue growth is likely to limit operating leverage putting consensus EPS estimates at risk as well. Matson expects NuVasive's revenue growth to approach the mid-single digits and its EPS growth to approach the mid-teens.

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MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

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MKSI

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MKSI

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UQM

UQM Technologies

$1.18

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LGND

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