Cowen & Co Starts Mentor (MNT) at Neutral
More News related to MNT
- Mentor Corporation Announces Completion of PurTox(R) 3A Study
- Jefferies & Co Downgrades Mentor (MNT) to Hold
- Stanford Starts Medical Equipment & Supplies Stocks (SYK, MNT, ZMH, BEAT, more..)
- Mentor Corporation Announces Shareholders' Meeting Results and Adjournment; Declares Quarterly Cash Dividend
- Mentor to Present at the Merrill Lynch Global Pharmaceutical Conference
More News related to New Coverage
- AmTech Says Research In Motion (RIMM) Is A Great Stock For Both Value and Growth Investors
- Piper Jaffray Maintains a 'Buy' on Linear Technology (LLTC), Lowers Price Target
- Soleil Securities Maintains 'Buy' on Hertz Global Holdings (HTZ), Lowers Price Target and Earnings Estimates
- Soleil Securities Maintains 'Hold' Rating on General Motors (GM), Comments on Chrysler Discussions
- Soleil Securities Maintains 'Buy' on Avis Budget Group (CAR), Lowers Estimates and Price Target
Cowen & Co initiates coverage on Mentor (NYSE: MNT) with a Neutral rating, saying they expect the shares to remain relatively flat for the next 6-9 months.
The firm said, " expect the company to post negative/flat YOY EPS growth for the next three quarters as substantially slower sales growth is coupled with a lower gross margin, faster-growing S,G&A expense and lower interest income. We expect investor interest in the shares to rise when the company gets nearer to a predicted resumption of significant YOY EPS gains in early 2009."
Related Categories
New CoverageStocks Mentioned
+0.38Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
