Teleflex Acquires Assets of Australian Distribution Partner
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Brean Capital Raises Price Target on Teleflex (TFX) to $145 Following 2Q Results
July 31, 2015 7:24 AM EDTBrean Capital reiterated a Buy rating on Teleflex (NYSE: TFX), and raised the price target to $145.00 (from $135.00), following 2Q results. Teleflex reported 2Q15 adjusted EPS of $1.42, in line with consensus. Revenue was in line with expectations at $452.1 million, versus consensus estimate of $453 million.
Analyst Jason Wittes commented, "Teleflex reported 2Q15 adjusted EPS of $1.42, in line with consensus of $1.42 and $0.02 above our $1.40 estimate,... More
