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

Rating:
Neutral WMGI
up 26.65 %

Wright Medical Group, Inc. (WMGI) downgraded to Neutral with price target $38 by Summer Street Research

Posted on: Tuesday,  Oct 28, 2014  9:25 AM ET by Summer Street Research

Summer Street Research rated Neutral Wright Medical Group, Inc. (NASDAQ: WMGI) on 10/28/2014. Previously Summer Street Research rated Buy Wright Medical Group, Inc. (NASDAQ:
WMGI) on 05/30/2013., when the stock price was $24.87. Since then, Wright Medical Group, Inc. has gained 26.66% as of 10/28/2014's recent price of $31.50.
If you would have followed the previous Summer Street Research's recommendation on WMGI, you would have gained 26.65% of your investment in 516 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.

Summer Street Research s is an institutional equity research and trading firm that focuses exclusively on the healthcare sector. Our mission is to help our clients maximize returns by providing the best healthcare research, ideas, and investment opportunities. In recognition of our excellence in research, Summer Street Research Partners was the 2005 winner of Institutional Investor's "Best Independents" award for both biotechnology and specialty pharmaceutical research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/28/2014 9:25 AM Hold
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
5/30/2013 10:25 AM Buy
None
24.87 32.00
9/16/2011 9:25 AM Hold
None
15.76

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