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Premarket analyst action - healthcare

Aug. 28, 2018 8:10 AM ETWright Medical Group N.V. (WMGI) StockFMS, WMGI, AFMDBy: Douglas W. House, SA News Editor
  • Wright Medical Group (NASDAQ:WMGI) upgraded to Buy with a $30 (12% upside) price target at Needham citing upside from Cartiva acquisition. Shares down 3% premarket on equity offering to finance the transaction.
  • Fresenius Medical Care (NYSE:FMS) upgraded to Buy with a €107 (59% upside) price target at HSBC Securities. Shares up 1% premarket.
  • Affimed Therapeutics (NASDAQ:AFMD) upgraded to Buy with a $4 (premarket price above this) price target at Jefferies on drug development deal with Genentech. Shares up 169% premarket.

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