UBS Raises Price Target on Zimmer Biomet Holdings (ZBH) Following 2Q Earnings Report

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Zimmer Biomet Holdings (ZBH): Accelerating Growth To Market Rates - Jefferies

August 2, 2016 7:26 AM EDT

Jefferies analyst, Raj Denhoy, reiterated his Buy rating on shares of Zimmer Biomet (NYSE: ZBH) after a review of 2Q growth rates for the ortho players shows that ZBH made tangible progress in closing the gap between the company's growth and the market. After adjusting for selling day differences, acquisitions, and currency, knees grew ~4.5% and hips... More

Jefferies Raises Price Target on Zimmer Biomet Holdings (ZBH) Following 2Q

July 29, 2016 7:51 AM EDT

Jefferies reiterated a Buy rating on Zimmer Biomet Holdings (NYSE: ZBH), and raised the price target to $150.00 (from $135.00), following the company's 2Q earnings report. GM was down 60bp, though OM was up 160bp as spending in SG&A was down 220bp. ZBH reported an... More