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Staar Surgical price target lowered to $23 from $27 at Morgan Stanley

Staar Surgical price target lowered to $23 from $27 at Morgan Stanley

Morgan Stanley analyst Patrick Wood lowered the firm’s price target on Staar Surgical (STAA) to $23 from $27 and keeps an Underweight rating on the shares. While stating that the “company is doing all the right things,” the firm think Staar is operating in a very difficult refractive market in China and the U.S. and remains cautious.

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