Mindray Medical International (MR) Tops Q2 EPS by 2c, Updates FY Guidance

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Goldman Sachs Comments on Mindray Medical (MR) Following Q2 Results

August 12, 2014 3:10 PM EDT

Goldman Sachs maintained a Neutral rating on Mindray Medical (NYSE: MR) with a price target of $30.10 (from $30.80). Comments follow Q2 results.

Analyst Wei Du said, "China revenue growth continued to decelerate 3.4% yoy to US$152.5 mn, as hospitals were reluctant towards capex spending.... More