Merit Medical Systems (MMSI) Tops Q4 EPS by 2c
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Piper Jaffray Remains Bullish on Merit Medical Systems (MMSI); Sees Potential for Renewed Success
February 23, 2016 8:20 AM ESTPiper Jaffray maintained an Overweight rating on Merit Medical Systems, Inc. (NASDAQ: MMSI), and cut the price target to $22.00 (from $28.00), following the company's 4Q earnings report. MMSI reported in line 4Q15 sales/EPS vs. management guidance. Slightly lower operating income was offset by a better than expected tax rate. Newly-issued FY16 EPS guidance bracketed consensus estimates. Piper... More
