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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Read More on STAA:
- Staar Surgical price target lowered to $31 from $41 at Canaccord
- Staar Surgical price target lowered to $49 from $53 at BTIG
- STAAR Surgical Posts Strong Q3 2024 Financial Results
- Staar Surgical Achieves 10% Sales Growth, Income Doubles
- Staar Surgical sees FY24 revenue $340M-$345M, consensus $343.56M