Mindray Medical International (MR) Tops Q3 EPS by 1c; Guides FY12 EPS Growth

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Go back to Mindray Medical International (MR) Tops Q3 EPS by 1c; Guides FY12 EPS Growth

Mindray Medical (MR) Growth Potential Offsets Negatives, Jefferies Reiterates Buy

November 7, 2012 1:56 PM EST

Jefferies maintained a Buy rating on Mindray Medical (NYSE: MR) and raised its price target to $36.00 (from $34.00).

Commenting on the company's Q3 report, Jefferies analyst Raj Denhoy said, "MR put up a mixed 3Q with a drastic slowdown in PMLS, a sequential... More