Morgan Stanley initiated coverage of Shoulder Innovations (SI) with an Overweight rating and $18 price target Shoulder Innovations is capturing share in “one of the fastest growing ortho segments,” namely the shoulder arthroplasty market, with products that offer a better range of motion for patients, lower revisions rates, and greater stability, the analyst tells investors. The firm thinks clear surgeon adoption trends and underlying margin strength “position the company for meaningful upside,” the analyst added.
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Read More on SI:
- Shoulder Innovations initiated with a Buy at Jefferies
- Shoulder Innovations initiated with an Overweight at Piper Sandler
- Strong Buy Rating for Shoulder Innovations, Inc. Driven by Market Leadership and High Growth Potential
- Buy Rating for Shoulder Innovations, Inc.: Strong Growth Potential in Shoulder Replacement Market
- Shoulder Innovations initiated with a Buy at Goldman Sachs
