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Thursday, January 31, 2019

Nuvectra can weather management change, says Piper Jaffray

Piper Jaffray analyst Matt O’Brien kept his Overweight rating and $25 price target on Nuvectra after the company announced an immediate departure of its CEO earlier today. The analyst says the company has a “suitable replacement in Dr. Parks”, adding that while the abrupt resignation was surprising, he sees Nuvectra management as “capable of weathering the transition”.
https://thefly.com/landingPageNews.php?id=2857373

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