Globus Medical (GMED) Tops Q4 EPS by 9c

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Leerink Partners Reiterates Outperform Following Globus Medical's (GMED) Strong 4Q

February 25, 2016 7:26 AM EST

Leerink Partners maintained an Outperform rating on Globus Medical (NYSE: GMED), and cut the price target to $29.00 (from $32.00), following the company's 4Q earnings report. Revenue of ~$142.6M was in line with the January preannouncement and ~$4M above the Street. GMED also delivered... More