Inari Medical’s Artix 2.0 receives FDA approval, says BofA

BofA notes that the FDA posted this morning the approval of Artix 2.0 to the 510k database and the firm confirmed the approval with Inari Medical (NARI). This timing is in line with expectations as Inari Medical’s planned to re-enter limited market release in Q4 and as of early September was in the final parts of the FDA process, notes the firm, which adds that the company will share more on the approval and launch on its upcoming Q3 call next week. BofA has a Buy rating and $68 price target on Inari shares.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on NARI:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.