Duncan-Williams is out with its report today on Merit Medical Systems MMSI, maintaining Hold.
In a note to clients, Duncan-Williams writes, "We are maintaining our HOLD rating on MMSI based on valuation as MMSI is trading at 21 times our 2011 adjusted EPS estimate of $1.00. This is in line with MMSI's 2011 revenue growth rate."
Shares of MMSI closed Thursday at $21.81, up 2.20% from Wednesday's close.
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Posted In: Analyst ColorAnalyst RatingsDuncan-WilliamsHealth CareHealth Care Suppliesmerit medical systems
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