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MiMedx Group, Inc. Message Board

  • smelly6900 smelly6900 Mar 28, 2014 7:47 PM Flag

    Canaccord Genuity

    Just reiterated their "Buy" recommendation of $12. Their analyst is only showing his forecast to 2016. He shows about $15 million less revenue but $6 million more in operating profit than Craig-Hallum. On one hand, it's somewhat irrelevant as MDXG won't be an independent company in 2016 but it's curious how both analyst forecast operations. Canccord's analyst uses a high sales multiple.

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