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Fly News Breaks for January 12, 2016
ELOS
Jan 12, 2016 | 07:36 EDT
Brean Capital said the Q4 preliminary results from Syneron Medical were better than expected and believes the shift from a predominantly capital equipment company to a consumables business model should improve gross margins and provide recurring revenues for the company going forward. Brean Capital reiterated its Buy rating and $13 price target on Syneron Medical shares.
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