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Fly News Breaks for August 4, 2016
TEAR
Aug 4, 2016 | 08:32 EDT
Roth Capital analyst Chris Lewis downgraded TearLab to Neutral from Buy as light Q2 year over year growth of 9% and lowered 2016 outlook increases concerns around the company's growth deceleration, sales visibility, slowing new net placements/higher attrition rates, and declining MASTERS utilization trends. The analyst also lowered his price target on the shares to 90c from $1.25.
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