Craig-Hallum Starts TearLab (TEAR) at Buy, Sets $5 Price Target

March 5, 2012 11:12 AM EST
Get Alerts TEAR Hot Sheet
Price: $0.06 --0%

Rating Summary:
    3 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Craig-Hallum's Steven Crowley initiated coverage on shares of TearLab (NASDAQ: TEAR) with a Buy rating and $5 price target.

Monday's new Buy rating may be getting some extra attention as Crowley is now only the second analyst to cover TearLab shares. The stock is up a very sharp 12 percent to $1.97 at last check. Crowley's new price target represents potential upside of more than 150 percent.

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


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