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Globus Medical (GMED) PT Raised to $58 at Needham & Company

May 3, 2018 6:38 AM EDT

Needham & Company raised its price target on Globus Medical (NYSE: GMED) to $58.00 (from $57.00) while maintaining a Buy rating.

Analyst Mike Matson commented, "GMED's 1Q18 revenue and EPS beat consensus and management raised its 2018 revenue and EPS guidance. The guidance increases were... More