Glaukos (GKOS) PT Bumped to $45 at Cantor Fitzgerald

November 16, 2016 1:24 PM EST
Get Alerts GKOS Hot Sheet
Price: $38.44 --0%

Rating Summary:
    8 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 8 | New: 1
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Cantor Fitzgerald analyst Elemer Piros reiterated a Buy rating and and bumped his price target on Glaukos Corporation (NYSE: GKOS) to $45.00 (from $41.00). He notes a muted reponse to increased guidance.

Piros highlighted:

  • The stock has been trading in a narrow range since early August.
  • Glaukos has reported two successful quarters since then, beating expectations and raising guidance on both occasions.
  • We have increased our PT to $45 from $41/share, recognizing topline outperformance in 2016 and beyond.

For an analyst ratings summary and ratings history on Glaukos Corporation click here. For more ratings news on Glaukos Corporation click here.

Shares of Glaukos Corporation closed at $33.90 yesterday.

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