Financial

Integra LifeScience upgraded to “Buy” — 5 things to know

By Laura Dyrda

Integra LifeScience had their consensus rating updated from seven brokerages, according to a WKRB report.

Here are five quick facts about the update:

• Integra LifeSciences now has a “Buy” consensus rating

• The average 12-month price target is $63.71.
• Argus raised the price total from $61 to $72 on March 25.
• Zacks reiterated “neutral” and set the price target at $63 last month.
• The company has a market cap of $2 billion and 50 day moving average of $59.

The company reported revenue at $252 million for the most recent quarter, up 14.2 percent year-over-year. The analysts predict the company will post $3.17 earnings per share in the current fiscal year.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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