Argus Downgrades Zimmer Holdings (ZBH) to Hold (Earlier)

Argus downgraded Zimmer Holdings (NYSE: ZBH) from Buy to Hold.

The analyst said they concerned that sluggish sales of orthopedics products in 4Q15 may carry over into 2016, due in part to disruption from the integration of Biomet. In addition, data showed Zimmer lost share in the U.S. hip and knee implant markets in 4Q15.

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

Shares of Zimmer Holdings closed at $98.89 yesterday.

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