Canaccord raised the firm’s price target on Alphatec (ATEC) to $25 from $20 and keeps a Buy rating on the shares. The firm said they posted another impressive quarter, this time beating consensus estimates by over 7% with both surgical revenue and EOS momentum while the company saw nearly 30% growth in surgical volume, 30% growth in established territories, and 26% growth in new surgeon users.
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Read More on ATEC:
- Alphatec price target raised to $24 from $20 at H.C. Wainwright
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