Wells Fargo Believes Glaukos (GKOS) Won’t Stop Here
In a report released today, Larry Biegelsen from Wells Fargo maintained a Buy rating on Glaukos (GKOS). The company’s shares opened today at $75.50, close to its 52-week high of $77.30.
According to TipRanks.com, Biegelsen is a 5-star analyst with an average return of 17.9% and a 73.4% success rate. Biegelsen covers the Healthcare sector, focusing on stocks such as Edwards Lifesciences, Wright Medical Group, and Johnson & Johnson.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Glaukos with a $75.75 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $77.30 and a one-year low of $26.75. Currently, Glaukos has an average volume of 404.8K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Glaukos Corp. is an ophthalmic medical device company, which engages in the development and commercialization of surgical devices and sustained pharmaceutical therapies designed to treat glaucoma. Its Micro Invasive Glaucoma Surgery procedures are designed to reduce intraocular eye pressure by improving aqueous outflow through the natural physiologic pathway.