William Blair Starts MAKO Surgical (MAKO) at Outperform; Aggressive Growth Cmpany Pofile

May 20, 2011 1:56 PM EDT
Get Alerts MAKO Hot Sheet
Price: $10.12 +3.79%

Rating Summary:
    1 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
William Blair initiates coverage on MAKO Surgical (NASDAQ: MAKO) with a Outperform.

William analyst says, " MAKO has developed what is in our view an innovative and unique robotic surgery system (known as the RIO) that is designed to facilitate orthopedic procedures. Benefits of the RIO system, in our view, include improved implant positioning and perioperative visualization for the surgeon. From the hospital’s perspective, RIO represents an excellent marketing tool to differentiate from competitors, while patients see benefits from less bone resection, lower complication rates, and shorter hospital stays compared with traditional, manual surgery. MAKO’s business model includes an attractive razor/razorblade aspect, with sales of the company’s RIO robot representing the razor, and sales of the disposable cutting instruments, implant components, and service contracts providing a recurring stream of revenue for the company."

Analyst Matthew O’Brien estimated the company would generate revenue of $74.3 million in 2011 and $115.6 million in 2012."




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

Shares of MAKO Surgical closed at $30.10 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage

Related Entities

William Blair