MiMedx Group (MDXG) Guides FY16 Above Consensus

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Canaccord Genuity Raises Price target on MiMedx Group (MDXG) Following 2016 Guidance Release

December 18, 2015 8:48 AM EST

Canaccord Genuity reiterated a Buy rating on MiMedx Group (NASDAQ: MDXG), and raised the price target to $12.00 (from $10.00), following the company's release of 2016 guidance. Revenue guidance of $245M-255M equates to 30-38% growth. MiMedx noted that growth in wound care would continue... More