Leerink Swann Maintains an 'Outperform' on NuVasive (NUVA); 2012 Guidance Looking More and More Conservative

June 19, 2012 7:41 AM EDT Send to a Friend
Get Alerts NUVA Hot Sheet
Price: $22.33 +0.59%

Rating Summary:
    12 Buy, 18 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 13
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Leerink Swann maintains an 'Outperform' on NuVasive (NASDAQ: NUVA) price target of $28.00 (from $22.00).

Analyst, Richard Newitter, said, "Our recent MEDACorp spine physician feedback points to stabilizing industry spine volume trends and leaves us incrementally
more positive on NUVA's: (1) above-average sales growth prospects, and (2) potential to exceed 2012 sales guidance as well as our/Street expectations."

For an analyst ratings summary and ratings history on NuVasive click here. For more ratings news on NuVasive click here.

Shares of NuVasive closed at $22.89 yesterday, with a 52 week range of $11.02-$34.82.


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