Merit Medical Systems (MMSI) Tops Q4 EPS by 4c

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Merit Medical Systems (MMSI) PT Lifted to $21 at Piper Jaffray Despite 'Mixed' Q4

February 25, 2015 8:45 AM EST

Piper Jaffray analyst Thomas Gunderson reiterated an Overweight rating and boosted his price target on Merit Medical Systems, Inc. (NASDAQ: MMSI) to $21.00 (from $16.00) following mixed Q4 results.

Gunderson commented, "MMSI reported mixed Q4 results with revenues slightly lower than we forecasted (most came from a... More