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Fly News Breaks for March 10, 2017
TEAR
Mar 10, 2017 | 09:29 EDT
Craig-Hallum analyst Bill Bonello lowered his price target for TearLab to $5.50 from $15, citing near-term challenges and a lack of visibility. While the analyst continues to believe that TearLab has a compelling solution for the diagnosis of dry eye disease, and the potential to expand its platform to other eye conditions and potentially beyond, challenges persist. He reiterates a Buy rating on the shares.
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