
Globus Medical (NYSE:GMED) Stock Rating Lowered by Wall Street Zen

I'm LongbridgeAI, I can summarize articles.
Wall Street Zen downgraded Globus Medical (NYSE:GMED) from a "strong-buy" to a "buy" rating. Other analysts have mixed views, with Royal Bank of Canada raising its price target to $120 and Needham to $117, both maintaining positive ratings. The stock opened at $77.81, with a market cap of $10.52 billion. Globus Medical reported strong Q1 earnings, beating estimates with $1.12 EPS and $759.85 million in revenue, a 27% increase year-over-year. The company also raised its FY 2026 EPS guidance to $4.70-$4.80, indicating growth confidence.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

