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Stock impact report

Northland Reaffirms Outperform Rating for MiMedx Group (MDXG) [Yahoo! Finance]

MiMedx Group, Inc (MDXG) 
Last mimedx group, inc earnings: 4/28 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
On April 17, Northland reduced the price target on MiMedx Group Inc. (NASDAQ:MDXG) from $10 to $6, which still results in an adjusted upside of more than 75%. The firm also maintained an Outperform rating on the stock. Pressmaster/Shutterstock.com Northland is taking a conservative stance regarding the near-term performance of the company's Wound Care business. However, it also notes that the market is heavily discounting the near-term disruption. Northland continues to see robust prospects for MiMedx's Surgical segment. This supports a bullish argument in favor of this oversold small-cap name. On April 17, Craig-Hallum reduced the price target from $10 to $7 for MiMedx Group Inc. (NASDAQ:MDXG) while reiterating a Buy rating. This downward adjustment still yields more than 104% upside potential for investors. The firm lowered its forward financial projections after the corporate restructuring was announced by the company. Following the January 1 Medicare reimbursement drop, t Show less Read more
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