K2M Group (KTWO) Tops Q2 EPS by 1c, Maintains FY Guidance

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Needham & Company Raises Price Target on K2M Group (KTWO) Following 2Q Beat

August 4, 2016 8:07 AM EDT

Needham & Company reiterated a Strong Buy rating on K2M Group Holdings (NASDAQ: KTWO), and raised the price target to $22.00 (from $21.00), following the company's 2Q earnings report. Revenue was $59.2M, ahead of consensus estimates of $57.5M. Management maintained its 2016 guidance for revenue of $231-235M vs. consensus of... More