Needham & Company Upgrades Wright Medical (WMGI) to Buy
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BMO Capital Upgrades Wright Medical (WMGI) to Outperform
August 28, 2018 9:15 AM EDTBMO Capital analyst Joanne Wuensch upgraded Wright Medical (NASDAQ: WMGI) from Market Perform to Outperform with a price target of $31.00 (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 $26.05 yesterday.
... MoreWright Medical Group (WMGI) Prices 18.25M Share Common Offering at $24.60/Sh
August 28, 2018 5:42 AM EDTWright Medical Group N.V. (NASDAQ: WMGI) today announced the pricing of its previously announced registered underwritten public offering of 18,248,932 of its ordinary shares at an initial price to the public of $24.60 per share. The net proceeds to Wright from the offering, after deducting the... More
Wright Medical (WMGI) PT Raised to $31 at Jefferies
August 27, 2018 4:09 PM EDTJefferies analyst Raj Denhoy raised the price target on Wright Medical (NASDAQ: WMGI) to $31.00 (from $30.00) while maintaining a Buy rating.
... MoreWright Medical Group (WMGI) Reports Agreement to Acquire Cartiva Inc. for $435M in Cash
August 27, 2018 6:01 AM EDTWright Medical Group N.V. (NASDAQ: WMGI) today announced it has entered into a definitive agreement to acquire Cartiva, Inc., a private orthopaedic medical device company focused on treatment of osteoarthritis of the great toe. The transaction will add a differentiated PMA-approved technology for a high-volume foot and ankle procedure and further accelerates growth opportunities in Wrights global Extremities business.
Under the terms of the agreement with Cartiva, Wright will acquire 100% of Cartivas outstanding equity on a fully diluted basis for a total price of $435 million in cash.
Cartivas lead... More
