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Xtant Medical resumed with a Buy at Maxim

Maxim resumed coverage of Xtant Medical (XTNT) with a Buy rating and $1.50 price target With the overall focus on the higher-growth and higher-margin orthobiologics business, Xtant is positioned for organic and profitable growth, and may engage in M&A, partnerships, or in-licensing deals, the analyst tells investors in a research note. Xtant is also currently self-financing and does not require a capital raise to continue operations, the firm added.

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