Value Advisors
Long/short equity

ELOS: FDA Is On The Way; Re-Iterating Syneron Buy Recommendation And Target Of $18

As promised in our previous research report on Syneron (TICKER: ELOS), we have completed our research on the potential of its next block buster product: Ultrashape fat reduction device. Over the past month we have interviewed leading physicians in the aesthetics and fat reduction space, industry specific research firms, regulatory experts including FDA submissions professionals, and patients.

Having learned about the product, its history, and Syneron's excellent FDA track record, we have strong conviction that Syneron's Ultrashape will receive FDA clearance during 2014. Due to the combination of FDA approval, the US market demand for additional FDA approved fat reduction devices and the ease of use of Ultrashape for both physicians and patients, we firmly believe that Syneron's hidden...

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