Brean Murray Upgrades Palomar Medical (PMTI) to Buy; JNJ Pullout Creates Buying Opportunity

October 19, 2009 9:31 AM EDT

Brean Murray upgrades Palomar Medical (Nasdaq: PMTI) to Buy. Price target $18.

Brean analyst says, "Johnson&Johnson (NYSE: JNJ) withdrawal not a complete disappointment; Entry point offers more positive long-term opportunities."

To see more analyst ratings on PMTI Click Here.

Palomar Medical Technologies, Inc., along with its subsidiaries, designs, manufactures, markets, and sells lasers and other light-based products, and related disposable items and accessories for use in medical and cosmetic procedures.


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JNJ 63.18

+0.49 +0.78%
Volume: 9,681,122
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PMTI 9.26

+0.05 +0.54%
Volume: 90,671
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Comments

FUTURE ERNINGS
ALTH on Oct 20, 2009 06:29 AM

HOW WILL MY SHARES MAKE MONEY ON THIS STOCK?


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