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Alphatec price target raised to $16 from $14 at Wells Fargo

Wells Fargo raised the firm’s price target on Alphatec (ATEC) to $16 from $14 and keeps an Overweight rating on the shares ahead of quarterly results. Cash generation at the top-end of guidance would confirm operational momentum, and the firm expects management to reiterate being slightly positively free cash flow for 2025.

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