Globus Medical (GMED) Tops Q2 EPS by 9c

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Globus Medical (GMED) PT Raised to $65 at Needham & Company

August 2, 2018 8:15 AM EDT

Needham & Company raised its price target on Globus Medical (NYSE: GMED) to $65.00 (from $58.00) while maintaining a Buy rating following 2Q earnings report. Revenue was $173M vs. consensus of $168M and non-GAAP EPS was $0.44 vs. consensus of $0.35.

For 2018, GMED raised its revenue... More