BofA/Merrill Lynch Starts Tornier (TRNX) at Buy, Sets $24 Price Target

March 15, 2011 11:51 AM EDT
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Price: $0.00 --0%

Rating Summary:
    5 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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BofA/Merrill Lynch initiated coverage on Tornier (NASDAQ: TRNX) with a Buy rating and a $24 price target.

A number of firms began coverage on Tornier this morning. JPMorgan matched BofA's bullishness, also setting a $24 price target.

With the stock down 2.3% to $18.67 at last check, BofA's new price target implies potential price appreciation of about 29%.

For more ratings news on Tornier click here and for the rating history of Tornier click here.


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