Conmed (CNMD) Tops Q4 EPS by 1c, Offers FY Guidance

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CONMED (CNMD) PT Lowered to $79 at Needham & Company

January 23, 2019 7:34 AM EST

Needham & Company analyst Mike Matson lowered the price target on CONMED (NASDAQ: CNMD) to $79.00 (from $86.00) while maintaining a Buy rating.

The analyst commented, "CNMD's 4Q18 revenue beat consensus while its EPS was in line with consensus. Management provided 2019 revenue and EPS guidance that... More