Zacks Investment Research downgraded shares of SYNERGETICS USA (SURG) from NEUTRAL to UNDERPERFORM on October 11, 2013, with a target price of $4.50.
Synergetics designs,manufactures and markets medical devices for use primarily in ophthalmic surgery and neurosurgery and for other healthcare applications. Its products are designed and manufactured to support micro or minimally invasive surgical procedures.In addition to its surgical devices and equipment,it designs and manufactures disposable and non-disposable supplies and accessories for use with such devices and equipment.
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