Milestone Scientific Inc. (MLSS) Rating Reiterated by Maxim Group
Milestone Scientific Inc. (NYSEAMERICAN:MLSS)‘s stock had its “buy” rating restated by investment analysts at Maxim Group in a research note issued on Wednesday. They presently have a $4.00 price objective on the medical instruments supplier’s stock. Maxim Group’s target price points to a potential upside of 207.69% from the company’s previous close.
The analysts wrote, “3Q17 revenue of $2.85M, down 10.4% y/y, was slightly above our estimate of $2.74M.””
Separately, ValuEngine raised shares of Milestone Scientific from a “sell” rating to a “hold” rating in a research report on Friday, September 8th.
Shares of Milestone Scientific (NYSEAMERICAN MLSS) traded up $0.05 during midday trading on Wednesday, reaching $1.30. 33,400 shares of the company traded hands, compared to its average volume of 34,382. Milestone Scientific has a one year low of $1.08 and a one year high of $2.15.
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Milestone Scientific Company Profile
Milestone Scientific Inc (Milestone) is engaged in providing computer-controlled injection technologies and solutions for the medical and dental markets. The Company uses its CompuFlo technology for the delivery of medicaments. The CompuFlo pressure or force Computer-Controlled Local Anesthetic Delivery (C-CLAD) technology is a medical technology for the delivery of drugs, anesthetics and other medicaments into various tissue types.
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