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NUVA

NuVasive

$60.78 /

+2.35 (+4.02%)

12:36
02/26/21
02/26
12:36
02/26/21
12:36

NuVasive price target raised to $68 from $63 at Piper Sandler

Piper Sandler analyst Matt O'Brien raised the firm's price target on NuVasive to $68 from $63 and keeps an Overweight rating on the shares after the company announced that it would acquire privately-held Simplify Medical for $150M in cash. O'Brien tells investors in a research note that there are several reasons to like the deal, including the view that Simplify is better than ACDF and other discs on the market, the cervical disc market is decently sized with considerable room for growth, and that he believes the deal price is good and the financial impact should be meaningful to NuVasive.

  • 01

    Mar

NUVA NuVasive
$60.78 /

+2.35 (+4.02%)

01/29/21 Piper Sandler
NuVasive price target lowered to $63 from $75 at Piper Sandler
01/05/21 Cowen
NuVasive products and valuation provide intriguing opportunity, says Cowen
12/16/20 Citi
NuVasive upgraded to Buy from Neutral at Citi
12/15/20 Wells Fargo
Wells Fargo says Buy Inari Medical, Sell NuVasive in MedTech ratings shake-up

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