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Fly News Breaks for February 27, 2020
Feb 27, 2020 | 05:18 EDT
Piper Sandler analyst Matt O'Brien "strongly" recommends buying shares of SeaSpine Holdings after the company announced its full Q4 results. The combination of a more captive sales channel and new products will allow SeaSpine to hit its 2020 revenue growth projection of 11%-14%, O'Brien tells investors in a research note. Additionally, the company now has product that addresses an incremental $3B total addressable market, adds the analyst. He calls SeaSpine his favorite microcap name on the basis of growth and valuation and reiterates an Overweight rating on the shares with a $20 price target.
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