Cutera (CUTR) Misses Q1 EPS by 7c

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Piper Jaffray Upgrades Cutera (CUTR) to Overweight; New Product Gaining Traction

May 8, 2015 7:13 AM EDT

Piper Jaffray upgraded Cutera (NASDAQ: CUTR) from Neutral to Overweight with a price target of $17.00 (from $14.00), saying the company new product is gaining traction.

Analyst Thomas J. Gunderson commented, "In our experience, CUTR's stock price has not always reflected big new product launches. For the latest product, enlighten®, we wanted better... More