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Glaukos initiated with a Buy at UBS
The Fly

Glaukos initiated with a Buy at UBS

UBS initiated coverage of Glaukos (GKOS) with a Buy rating and $182 price target While the shares trade at a high multiple versus peers, the premium is warranted by Glaukos’ “top-tier” growth profile, which has sales estimates tilted to the upside, the analyst tells investors in a research note. The firm says iDose is positioned to drive sales upside.

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