Wright Medical (WMGI) PT Raised to $32 at RBC Capital

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BofA/Merrill Lynch Upgrades Wright Medical (WMGI) to Buy

August 9, 2018 6:19 AM EDT

BofA/Merrill Lynch upgraded Wright Medical (NASDAQ: WMGI) from Neutral to Buy with a price target of $34.00 (from $28.00).

For an analyst ratings summary and ratings history on Wright Medical click here. For more ratings news on Wright Medical click here.

Shares of Wright Medical closed at $26.30 yesterday.

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Wright Medical (WMGI) PT Raised to $30 at Jefferies

August 9, 2018 5:00 AM EDT

Jefferies raised its price target on Wright Medical (NASDAQ: WMGI) to $30.00 (from $28.00) while maintaining a Buy rating.

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Wright Medical Group (WMGI) Tops Q2 EPS by 3c, Revenues Beat; Boosts FY18 Revenue Views

August 8, 2018 4:09 PM EDT

Wright Medical Group (NASDAQ: WMGI) reported Q2 EPS of ($0.03), $0.03 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $205 million versus the consensus estimate of $197.09 million.

Robert Palmisano, president and chief executive officer, commented, We produced outstanding results across the board in the second quarter, including 13% constant currency net sales growth, an estimated 370 basis point increase versus the first quarter of 2018, and we exited the quarter on a strong,... More