Globus Medical (GMED) Tops Q4 EPS by 5c

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Globus Medical (GMED) PT Raised to $30 at BofA/Merrill Lynch Following Q4, Branch Deal

February 26, 2015 8:37 AM EST

BofA/Merrill Lynch analyst Bob Hopkins reiterated a Buy rating and boosted his price target on Globus Medical (NYSE: GMED) to $30.00 (from $26.00) following Q4 results and the acquisition of Branch.

Hopkins calls Branch a controversial but accretive deal. He also said guidance seems... More