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Globus Medical price target raised to $85 from $70 at Canaccord

Globus Medical price target raised to $85 from $70 at Canaccord

Canaccord raised the firm’s price target on Globus Medical (GMED) to $85 from $70 and keeps a Buy rating on the shares. The firm said the company continued its strength from earlier quarters into the Q3 with a significant top- and bottom-line beat driving record FCF and raising of guidance.

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