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Fly News Breaks for March 4, 2020
Mar 4, 2020 | 17:04 EDT
Citi analyst Joanne Wuensch initiated coverage of NuVasive with a Neutral rating and $68 price target. The analyst is positive on the company's leadership position in a fragmented market for spine surgery with currently under-appreciated X360 asset, but also sees its valuation on enterprise value to expected FY21 revenue basis as in line with its 5-year average.
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