Unusual 11 Mid-Day Movers 11/16: (GLBS) (DCIX) (SINO) Higher; (ELGX) (AKER) (PDLI) Lower
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Leerink Partners Cuts Price Target on Endologix (ELGX) to $8 Following Analyst Day
November 18, 2016 7:20 AM ESTLeerink Partners maintained a Market Perform rating on Endologix (NASDAQ: ELGX), and cut the price target to $8.00 (from $11.00), following the company's analyst day. The focus of the presentation was around Nellix. There was news on Wednesday that potential approval has been pushed out ~6 months. This comes following a request for additional info from the FDA. Management also updated 2016 revenue... More
