MAKO Surgical (MAKO) Prices 3.04M Offering at $13.15/Share

Go back to MAKO Surgical (MAKO) Prices 3.04M Offering at $13.15/Share

Goldman Sachs Cuts PT on MAKO (MAKO) to $16 Following Offering

November 14, 2012 12:36 PM EST

Goldman Sachs cut its price target on MAKO Surgical (NASDAQ: MAKO) from $17 to $16 following today's dilutive equity offering. The firm maintained a Neutral rating, but notes "the completed financing removes a risk, as the company should maintain a cash cushion."

For an... More

MAKO Surgical (MAKO) Announcs Common Offering

November 13, 2012 4:10 PM EST

MAKO Surgical Corp. (Nasdaq: MAKO) announced that it intends to offer shares of its common stock in a public offering. Piper Jaffray & Co. is acting as the sole manager for the offering.

MAKO expects to use the net proceeds from the offering for commercialization... More