Artivion price target raised to $25 from $22 at Needham

Needham raised the firm’s price target on Artivion to $25 from $22 and keeps a Buy rating on the shares after its better than expected Q4 results. The company’s constant currency revenue growth improved to 15% from 12% in Q3, while its gross margin was up 110 bps and its operating margin was up 250 bps from last year, the analyst tells investors in a research note.