Barclays analyst Matt Miksic raised the firm’s price target on Globus Medical (GMED) to $114 from $106 and keeps an Overweight rating on the shares. The firm upped estimates following the company’s “impressive” Q3 beat.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GMED:
- Globus Medical price target raised to $79 from $66 at Wells Fargo
- Globus Medical price target raised to $90 from $80 at Piper Sandler
- Globus Medical upgraded to Buy from Neutral at BofA
- Cautious Optimism: Hold Rating for Globus Medical Amid Strong Performance and Revenue Concerns
- Globus Medical upgraded to Buy from Hold at Truist