Jefferies Reiterates a 'Buy' on Cyberonics (CYBX); Remains Top Small-Cap Pick After Strong Q1

August 29, 2012 7:37 AM EDT Send to a Friend
Get Alerts CYBX Hot Sheet
Price: $56.96 +1.97%

Rating Summary:
    10 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Trade CYBX Now!
Join SI Premium – FREE
Jefferies reiterates a 'Buy' on Cyberonics (NASDAQ: CYBX) price target of $58.00.

Analyst, Raj Denhoy, said, "Cyberonics once again delivered an excellent quarter, highlighted by strong US growth (but weakness internationally), favorable ASP trends, and outstanding profitability. With the core epilepsy business firing on all cylinders and depression closer on the horizon, CYBX remains among our top small cap ideas."

FY13 EPS estimate lowered from $1.56 to $1.54 and FY14 from $1.96 to $1.78.

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

Shares of Cyberonics closed at $46.36 yesterday.




You May Also Be Interested In


Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View

Related Entities

Jefferies & Co

Add Your Comment