Mizuho Maintains Buy Rating for MiMedx Group: Here's What You Need To Know

Mizuho has decided to maintain its Buy rating of MiMedx Group MDXG and raise its price target from $13.00 to $14.00.

Shares of MiMedx Group are trading up 0.98% over the last 24 hours, at $8.24 per share.

A move to $14.00 would account for a 69.9% increase from the current share price.

About MiMedx Group

MiMedx Group Inc develops and markets regenerative biomaterial products and bioimplants made from the human amniotic membrane, birth tissues, and human skin & bone. Its products are primarily targeted towards the wound-care, burn, surgical, sports medicine, and orthopedics markets. MiMedx's key products are allografts processed from amniotic tissue, which include EpiFix for external use and AmnioFix for internal use. AmnioCord, AmnioFill, EpiBurn, and EpiCord are some of its other products. Also, it sells allografts for ophthalmic surgery and dental applications through licenses to third parties.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.