Why Medtronic Will Probably Not Buy Mazor Robotics

Published: May 25, 2017

** U.S.-listed shares of Mazor Robotics, an Israel-based maker of robotic systems used in surgery, down 4 pct at $38.42

** Brokerage Needham & Co notes that MZOR shares are up significantly this year (up 83 pct YTD through Monday) in part because of speculation that Medtronic Plc will buy MZOR

** Needham says "we think this is unlikely in the near term"

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