Zacks Investment Research cut shares of Topcon (OTCMKTS:TOPCF) from a hold rating to a sell rating in a report issued on Thursday, reports.

According to Zacks, “Topcon Corporation develops and sells positioning, eye care and smart infrastructure products. Positioning products include GNSS receivers, machine control systems, precision agriculture systems, and IT site management solutions; Eye care products comprise 3D optical coherence tomography systems, retinal cameras, ophthalmic digital image filing systems, auto refractometers/auto kerato-refractometers, slit lamps, computerized tonometers, lens edgers and meters and ophthalmic laser photocoagulators.; infrastructure products consists motorized robotic total stations, imaging stations, mobile mapping systems, 3D laser scanners, data collectors, theodolites, levels/digital levels, self-leveling construction lasers, pipe lasers and asset management systems. Topcon Corporation is headquartered in Tokyo, Japan. “

Separately, ValuEngine upgraded shares of Topcon from a hold rating to a buy rating in a research note on Wednesday, October 2nd.

OTCMKTS:TOPCF opened at $12.82 on Thursday. Topcon has a fifty-two week low of $10.65 and a fifty-two week high of $16.66. The firm has a 50-day simple moving average of $12.72 and a two-hundred day simple moving average of $12.24.

Topcon Company Profile

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products worldwide. Its positioning products include GNSS receivers, GIS, GPS plus reference station systems, machine control systems, precision agriculture systems, and asset management systems.

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