Jefferies Remains Bullish as Metal-on-Metal Hips Threaten Wright Medical Group (WMGI)

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Needham & Company Upgrades Wright Medical (WMGI) to Buy

February 22, 2016 7:32 AM EST

Needham & Company upgraded Wright Medical (NASDAQ: WMGI) from Hold to Buy with a price target of $22.00.

Analyst Mike Matson commented, "We are upgrading WMGI to Buy from Hold since 1) we expect a significant product cycle over the next two years to drive accelerating revenue... More