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OFIX

Orthofix

$61.84

0.54 (0.88%)

07:37
08/07/18
08/07
07:37
08/07/18
07:37

Orthofix price target raised to $66 from $62 at Cantor Fitzgerald

Cantor Fitzgerald analyst Craig Bijou raised his price target for Orthofix International to $66 saying that while the Q2 results were "messy," the earnings beat and raise keeps him positive. The sales miss and lower guidance raise concerns, Bijou tells investors in a research note, pointing out that he would like to see sequential progress on the sales disruptions. However, he calls Orthofix's earnings beat "impressive" and keeps an Overweight rating on the shares.

  • 08

    Aug

OFIX Orthofix
$61.84

0.54 (0.88%)

03/05/18
RHCO
03/05/18
NO CHANGE
Target $67
RHCO
Buy
Orthofix price target raised to $67 from $60 at SunTrust
SunTrust analyst Bruce Nudell raised his price target on Orthofix to $67 on modeled benefits of the company's effective corporate tax rate declining to about 30%. The analyst believes that the company will approach completion of its product portfolio refurbishment while also optimizing its sales footprint. Over the medium term, Nudell expects the company's bone stimulation business to grow at a mid-single digit range thanks to its strong insurance and sales infrastructure. The analyst keeps his Buy rating on Orthofix.
05/31/18
CANT
05/31/18
INITIATION
Target $62
CANT
Overweight
Orthofix initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald initiated Orthofix with an Overweight and $62 price target.
05/31/18
CANT
05/31/18
INITIATION
Target $62
CANT
Overweight
Orthofix initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald analyst Craig Bijou started Orthofix with an Overweight rating and $62 price target. The analyst believes the recent share pullback provides a good entry point, especially ahead of more details on the benefit of re-domiciling to the U.S.

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