Tornier N.V. (TRNX) Names David Mowry as Interim CEO

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Northland Securities Downgrades Tornier (TRNX) to Underperform after CEO Retires

November 13, 2012 10:09 AM EST

Northland Securities downgraded Tornier (NASDAQ: TRNX) from Market Perform to Underperform with a price target of $14.00 following the retirement of President/CEO, Doug Kohrs, effective immediately.

"The sudden nature of the announcement combined with the recent deceleration in sales growth could raise... More