ReWalk Robotics (RWLK) Misses Q4 EPS by 3c

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Oppenheimer Reiterates Outperform Rating and $7 PT on ReWalk Robotics (RWLK) Following 4Q Results

February 21, 2017 9:35 AM EST

Oppenheimer and Co. analyst Steven Lichtman maintains Outperform rating and $7 price target on ReWalk Robotics (NASDAQ: RWLK), suggesting ongoing discussions with payers provide upside, despite the company reporting 2016 fourth quarter revenue below consensus.

Lichtman comments, "RWLK's reported 4Q16 revenue of $1.6M (+19%) was... More