SurModics, Inc.’s (SRDX) MACD indicator has entered into bullish territory with a reading of 0.6471. The Zacks #1 Rank (“Strong Buy”) stock increased slightly more than 2% to $14.87 in morning trade. The Zacks Consensus Estimate for the year ending September 2011 has increased by 18 cents over the past month to 20 cents per share.
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