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Thursday, August 9, 2018

Wright Medical price target raised to $35 from $30 at Cantor Fitzgerald


Cantor Fitzgerald analyst Craig Bijou raised his price target for Wright Medical to $35 saying the company last night posted an “impressive beat and raise” quarter with strength across its portfolio. Wright has strong competitive positions in the faster-growing markets in orthopedics, Bijou tells investors in a post-earnings research note. He reiterates an Overweight rating on the shares.

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