Xtant Medical receives ‘buy’ rating from Brean Capital: 5 key notes

Brean Capital gave Xtant Medical a “buy” rating and $10 price target, according to AnalystRatings.

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Here are five key points:

 

1. Xtant Medical’s shares closed at $3.29 on Oct. 23.

 

2. Brean Capital analyst Jason Wittes said Xtant Medical should grow pro-forma revenues at 12 percent.

 

3. The company currently has an analyst consensus of “hold.”

 

4. Xtant Medical had a quarterly revenue of $9.89 million, based on its June 30 report.

 

5. The company manufactures products for spine, orthopedic and joint surgeries.

 

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