Zimmer Biomet Holdings (ZBH) Misses Q3 EPS by 4c, Miss on Revenues; Lowers FY17 EPS Guidance Below Consensus; FY17 Revenue Outlook Below Consensus

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Piper Jaffray Downgrades Zimmer Biomet (ZBH) to Neutral

November 2, 2017 4:54 AM EDT

Piper Jaffray downgraded Zimmer Biomet (NYSE: ZBH) from Overweight to Neutral with a price target of $110.00 (from $135.00).

Analyst Matt O'Brien cites a plethora of uncertainties pushes him to the sidelines and comments that altering the fundamental growth of the business will... More