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MiMedx Group, Inc. (MDXG) [hlAlert]

Rating:
Strong Buy
MDXG
up 19.24 %

MiMedx Group, Inc. (MDXG) rated Strong Buy with price target $13 by Needham

Posted on: Monday,  Nov 16, 2015  8:25 AM ET by Needham

Needham rated Strong Buy MiMedx Group, Inc. (NASDAQ: MDXG) on 11/16/2015. Previously Needham rated Buy MiMedx Group, Inc. (NASDAQ: MDXG) on
10/15/2014., when the stock price was $7.95. Since then, MiMedx Group, Inc. has gained 19.25% as of 01/12/2016's recent price of $9.48.
If you would have followed the previous Needham's recommendation on MDXG, you would have gained 19.24% of your investment in 454 days.

MiMedx Group, Inc. is a development-stage company. The Company?s business is conducted by its three divisions: MiMedx, Inc. (MiMedx), SpineMedica, LLC (SpineMedica) and Level Orthopedics. The Company operates in one business segment, musculoskeletal products, which includes the design, manufacture and marketing of products for three major market categories: Orthopedic- Sports Medicine, with soft-tissue reconstructive products focused on repairing tendons and ligaments, Orthopedics-Spine, including products, such as its Paradis Vaso Shield, which is indicated for use as a cover for vessels following anterior vertebral surgery, and Orthopedic-Extremities, with implants for fracture fixation in the upper extremities (hand, wrist, elbow and shoulder). In October 2009, the Company sold the assets of LeveL Orthopedics.

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
11/16/2015 8:25 AM Buy
None
8.12 13.00
as of 8/27/2015
1 Week down  -0.21 %
1 Month down  -17.99 %
3 Months down  -4.24 %
1 YTD down  -8.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/14/2015 8:25 AM Buy
None
8.57 13.00
2/27/2015 8:25 AM Buy
None
10.36 15.00
2/20/2015 8:25 AM Buy
None
9.84 13.00
12/16/2014 8:25 AM Buy
None
10.80 13.00
12/15/2014 11:25 AM Buy
None
10.68 13.00
10/30/2014 2:25 PM Buy
None
9.51 11.00
10/15/2014 8:25 AM Buy
None
7.95 9.50

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