Lake Street Capital Markets Assumes Alphatec Holdings (ATEC) at Buy

Lake Street Capital Markets analyst Ben Haynor assumes coverage on Alphatec Holdings (NASDAQ: ATEC) with a Buy rating and a price target of $18.00.

The analyst comments "Punchline – After spending a day in NYC with Alphatec’s management on a non- deal roadshow, we are assuming coverage with a Buy rating and $18 price target. Alphatec, in our view, represents the only scaled spine player totally focused on improving spine outcomes while much of the industry borders on totally confused. With this as a backdrop, we expect the company’s outsized growth rates will continue."

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

Shares of Alphatec Holdings closed at $11.06 yesterday.

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