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Fly News Breaks for May 12, 2016
STAA
May 12, 2016 | 09:19 EDT
Stephens analyst Chris Cooley downgraded STAAR Surgical to Equal Weight from Overweight as he believes the shares will remain range-bound in the near-term barring a favorable resolution of FDA remediation efforts and more clarity on its revised cataract franchise strategy. The analyst lowered his price target on the stock to $8 from $10.
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