Globus Medical (GMED) Tops Q1 EPS by 12c, Offers Guidance

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Go back to Globus Medical (GMED) Tops Q1 EPS by 12c, Offers Guidance

Globus Medical (GMED) PT Raised to $73 at Stifel

May 5, 2021 9:36 AM EDT

Stifel analyst Mathew Blackman raised the price target on Globus Medical (NYSE: GMED) to $73.00 (from $60.00) while maintaining a Hold rating.

The analyst commented, "We expected GMED to post a strong 1Q, but the company's near-20% growth -- despite meaningful, early 1Q COVID... More

Globus Medical (GMED) PT Raised to $82 at Needham & Company

May 5, 2021 6:25 AM EDT

Needham & Company analyst Mike Matson raised the price target on Globus Medical (NYSE: GMED) to $82.00 (from $75.00) while maintaining a Buy rating.

The analyst commented, "GMED beat consensus revenue by 16% and EPS by 32% in 1Q21 driven by strong robotics implant pull-through, competitive rep hiring, new products,... More