Canaccord analyst William Plovanic raised the firm’s price target on Staar Surgical to $79 from $76 and keeps a Buy rating on the shares. The analyst met with management for a fireside chat and he believes investors are focused mostly on China and the US launch including barriers to adoption such as facilities and overcoming the mindset that EVO is a niche product. He believes the company has a gameplan and possibly regulatory tailwinds to continue to garner market share in the United States and worldwide.
Published first on TheFly
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