Piper Sandler analyst Matt O’Brien raised the firm’s price target on Alphatec (ATEC) to $25 from $20 and keeps an Overweight rating on the shares. The firm notes the company reported Q3 results that were better than expected on every key metric. As a result, Alphatec raised its full year guidance by more than the step of the beat, which speaks to the durability of the positive momentum we have seen all year.
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