Mazor Robotics (MZOR) Downgraded to “Buy” at BidaskClub
Mazor Robotics (NASDAQ:MZOR) was downgraded by research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.
Several other equities research analysts have also recently commented on the company. Zacks Investment Research raised Mazor Robotics from a “sell” rating to a “hold” rating in a research note on Thursday, November 16th. TheStreet raised Mazor Robotics from a “d” rating to a “c-” rating in a research note on Wednesday, November 8th. Needham & Company LLC reissued a “hold” rating on shares of Mazor Robotics in a research note on Tuesday, November 7th. Ladenburg Thalmann Financial Services set a $67.00 price target on Mazor Robotics and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Barclays cut Mazor Robotics from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $55.00 to $34.00 in a research note on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. Mazor Robotics presently has a consensus rating of “Hold” and a consensus price target of $39.83.
Shares of Mazor Robotics (NASDAQ MZOR) traded down $0.32 during midday trading on Friday, hitting $57.83. The company had a trading volume of 310,115 shares, compared to its average volume of 547,292. Mazor Robotics has a 1-year low of $20.50 and a 1-year high of $65.97.
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Mazor Robotics Company Profile
Mazor Robotics Ltd is an Israel-based medical device company that develops and markets surgical guidance systems and complementary products. It develops computerized and imaging-based systems in the field of spine surgery. Its products include: Renaissance Surgical Guidance System, which enables surgeons to advance from freehand surgical procedures to guided procedures, as well as Food and Drug Administration (FDA)-cleared and European Conformity (CE)-marked Renaissance System, used in spine surgeries, whether open or minimally invasive, for a number of clinical indications.
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