Cyberonics Rating Increased to Buy at Lazard Capital Markets (CYBX)
Lazard Capital Markets upgraded shares of Cyberonics (NASDAQ: CYBX) from a neutral rating to a buy rating in a report issued on Monday. They currently have $57.00 target price on the stock.
CYBX has been the subject of a number of other recent research reports. Analysts at Zacks reiterated an outperform rating on shares of Cyberonics in a research note to investors on Tuesday, February 26th. They now have a $55.00 price target on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Cyberonics from $57.00 to $59.00 in a research note to investors on Monday, February 25th. Finally, analysts at Dougherty & Company raised their price target on shares of Cyberonics from $56.00 to $58.00 in a research note to investors on Monday, February 25th. They now have a buy rating on the stock.
Nine research analysts have rated the stock with a buy rating, and one has assigned a sell rating to the stock. The stock currently has a consensus rating of buy and a consensus price target of $56.44.
Cyberonics traded up 0.33% on Monday, hitting $48.12. Cyberonics has a 52-week low of $36.25 and a 52-week high of $56.73. The stock’s 50-day moving average is currently $46.27. The company has a market cap of $1.330 billion and a price-to-earnings ratio of 29.60.
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