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Wright Medical Group, Inc. (WMGI) [hlAlert]

Rating:
Buy WMGI
down 13.82 %

Wright Medical Group, Inc. (WMGI) rated Buy with price target $40 by Needham

Posted on: Tuesday,  Feb 25, 2014  8:25 AM ET by Needham

Needham rated Buy Wright Medical Group, Inc. (NASDAQ: WMGI) on 02/25/2014. Previously Needham rated Buy Wright Medical Group, Inc. (NASDAQ: WMGI) on
08/08/2013., when the stock price was $27.19. Since then, Wright Medical Group, Inc. has lost 13.83% as of 01/21/2016's recent price of $23.43.
If you would have followed the previous Needham's recommendation on WMGI, you would have lost 13.82% of your investment in 896 days.

Wright Medical Group, Inc. is a global orthopaedic device company specializing in the design, manufacture and marketing of reconstructive joint devices and bio-orthopaedic materials. Reconstructive joint devices are used to replace knee, hip and other joints that have deteriorated through disease or injury. Bio-orthopaedic materials are used to replace damaged or diseased bone and to stimulate natural bone growth.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/28/2014 8:25 AM Buy
None
31.50 38.00
as of 10/17/2014
1 Week down  -0.61 %
1 Month down  -3.87 %
3 Months down  -3.08 %
1 YTD down  -0.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2014 12:00 AM Buy
None
30.01
2/25/2014 8:25 AM Buy
None
32.44 40.00
8/9/2013 8:25 AM Buy
None
24.50 28.00
8/8/2013 8:25 AM Buy
None
27.19

(*) Stock Price at the time of the recommendation.
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