NuVasive results, ruling should drive shares to $30, says Piper Jaffray

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NUVA22.92-0.22

Piper Jaffray believes NuVasive's Q2 results and the release of the final ruling on the Medtronic case should drive NuVasive shares to the $30 range. Piper thinks the stock could top $30 on better-than-expected Q2 results or a final Medtronic ruling leaving patent rates unchanged. The firm reiterates an Overweight rating on NuVasive with a $33 price target.

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