Globus Medical (GMED) Tops Q2 EPS by 18c

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Northland Capital Markets Upgrades Globus Medical (GMED) to Outperform

August 6, 2020 7:48 AM EDT

Northland Capital Markets analyst Jason Wittes upgraded Globus Medical (NYSE: GMED) from Market Perform to Outperform with a price target of $65.00.

The analyst commented, "2Q revs of $148.9mm (-23.4%) and EPS of $0.07, easily bested consensus of $99.7mm and ($0.11). Not a complete surprise,... More