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Oppenheimer Starts MAKO Surgical (MAKO) at Perform, Cites Valuation

April 13, 2012 7:15 AM EDT
Get Alerts MAKO Hot Sheet
Price: $29.99 --0%

Rating Summary:
    1 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 10 | New: 13
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Oppenheimer initiates coverage on MAKO Surgical (NASDAQ: MAKO) with a Perform rating, citing valuation.

"At 12-13x ’12E EVsales, the shares, we believe, reflect the near-term excitement over MAKO's strong partial-knee replacement performance and the rollout of its new hip application," the analyst commented.

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

Shares of MAKO Surgical closed at $41.56 yesterday.


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