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Brean Murray Carret & Co. Starts NuVasive (NUVA) at Buy, Expectations Conservative

September 21, 2012 8:06 AM EDT
Get Alerts NUVA Hot Sheet
Price: $39.75 --0%

Rating Summary:
    11 Buy, 21 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 9
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Brean Murray Carret & Co. initiates coverage on NuVasive (NASDAQ: NUVA) with a Buy. PT $30.00.

The firm comments, "We think expectations are conservative, now that the company has successfully defended its core US Lumbar business, and with upside opportunities from the pipeline — Attrax ™ in Biologics, Japanese expansion, and a
new cervical disc (likely in 2013)."

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 $22.16 yesterday.


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Brean Murray Carret & Co.