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BMO starts 'show-me story' Integra LifeSciences with a Market Perform

As previously reported, BMO Capital initiated coverage of Integra LifeSciences with a Market Perform rating and $19 price target. While early signs of recovery - including a Q1 beat and record Integra Skin production - are "encouraging," the firm believes three years of guidance cuts have left Integra "a show-me story," the analyst tells investors.

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As previously reported, BMO Capital initiated coverage of Integra LifeSciences with a Market Perform rating and $19 price target.

While early signs of recovery - including a Q1 beat and record Integra Skin production - are "encouraging," the firm believes three years of guidance cuts have left Integra "a show-me story," the analyst tells investors.