Watching ZimVie; Needham Issues Note Titled "Reportedly Fielding Takeout Offers"; Estimates That ZIMV Could Be Worth $25-$29 Per Share In A Potential Acquisition
Portfolio Pulse from Benzinga Newsdesk
Needham has issued a note stating that ZimVie (ZIMV) is reportedly fielding takeout offers. The firm estimates that ZIMV could be worth $25-$29 per share in a potential acquisition.
June 25, 2024 | 5:09 pm
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Needham reports that ZimVie is fielding takeout offers and estimates the company could be worth $25-$29 per share in a potential acquisition.
The news of potential acquisition offers and a price estimate significantly higher than the current market price is likely to drive ZIMV's stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100