Orthofix Announces Leadership Changes

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BTIG Downgrades Orthofix International (OFIX) to Neutral 'in reaction to the updates announced today'

September 12, 2023 11:09 AM EDT

BTIG analyst Ryan Zimmerman downgraded Orthofix International (NASDAQ: OFIX) from Buy to Neutral.

The analyst comments "

We are downgrading to Neutral, suspending our PT, and moving to the sidelines in reaction to the updates announced today. There is a lot to unpack here, but OFIX surprised investors this morning with a sudden leadership change. Management of the company was terminated with... More