Jun. 7, 2013, 10:21 AMShares of Cantel Medical (CMN +0.9%) rise a day after the company reported Q3 results that met expectations. Piper Jaffray (Overweight) analyst Thomas Gunderson says CMN has "a strong management team that … can keep EPS growing with further acquisitions, higher margin new products, and tight expense controls." Price target raised to $40 from $35. | Jun. 7, 2013, 10:21 AM | Comment!
Mar. 7, 2013, 1:53 PMCantel Medical (CMN -1%) fades off a 52-week high on profit-taking today after company posted a mixed FQ2 earnings report, missing on revenue estimates. Sales hit a record however, driven by a 36% Y/Y increase from its healthcare disposables segment. Organic sales growth was 11%, about half of which was driven by distributor customers pulling forward shipments in anticipation of January 1 price increases. | Mar. 7, 2013, 1:53 PM | Comment!
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Cantel Medical Corp provides infection prevention and control products in the healthcare market. Its operating segments include Endoscopy, Water Purification and Filtration, Healthcare Disposables, Dialysis, and Specialty Packaging.
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