NuVasive (NUVA) Tops Q1 EPS by 4c, Offers FY Guidance

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Don't Be Shaken By NuVasive's (NUVA) Conservative Guidance - Piper Jaffray

April 27, 2016 9:03 AM EDT

Piper Jaffray analyst, Matt O'Brien, noted that NUVA reported Q1 results that beat on the top and bottom lines but only modestly raised revenue guidance and kept EPS the same. The analyst chalks this up to management conservatism however and raises the PT to $58 (from $50 - on rising estimates and a larger multiple) while maintaining his... More