CONCEPTUS INC (CPTS) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of CONCEPTUS INC (CPTS) from NEUTRAL to OUTPERFORM on July 05, 2012, with a target price of $21.70.

Conceptus, Inc. designs and develops minimally invasive devices for reproductive medical applications. Conceptus' focus is to develop its STOP non-surgical permanent contraception device for women. STOP is designed to be a less-invasive, safer, and less costly alternative to surgical sterilization, more commonly known as tubal ligation. The STOP device is designed to achieve contraception by elliciting a tissue response which occludes the fallopian tubes.

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