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Cyberonics (CYBX +1.6%) adds to yesterday's post-earnings gains after getting a Market Perform...

Cyberonics (CYBX +1.6%) adds to yesterday's post-earnings gains after getting a Market Perform from Underperform upgrade at Northland Securities. Price target raised to $44 from $40.
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  • Duffell
    , contributor
    Comments (3) | Send Message
     
    Can anyone explain why Northland Securities would have a target price of $44 with a "market perform" rating, when the current price is ~$52. Does this mean they are expecting the entire market sector - or all of NASD - to decrease by almost 10%??
    10 Jun 2013, 02:31 PM Reply Like
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