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BUZZ - Staar Surgical stock rises after Stifel upgrades rating to "Buy"

BUZZ - Staar Surgical stock rises after Stifel upgrades rating to "Buy"

路透社路透社2026/09/29 12:31
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- ** The share price of lens manufacturer Staar Surgical (STAA.O) rose 5.1% in pre-market trading to $21.9

** Securities firm Stifel believes the company's revenue has upside potential with the promotion of its EVO+ artificial lens in the Chinese market and the recovery of international demand; the stock rating was raised from "hold" to "buy"

** The target price was raised from $28 to $31, representing a 49% premium to the previous trading day's closing price

** The institution stated that market expectations for future sales are too low, given continued strong growth in the Chinese market and improved overseas demand

** Stifel pointed out that the growth potential of the company's ICL technology portfolio is underestimated, including opportunities in the large presbyopia (age-related vision disease) market

** Out of 12 brokerages, 4 give the stock a "buy" or higher rating, 7 give a "hold" rating, and 1 gives a "sell" rating; the median target price is $27

** As of the previous trading day's close, the stock was down 9.6% year-to-date


(To facilitate non-native English speakers, Reuters has automated translation of its reports into several other languages. Since automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation text, and it is provided solely for reader convenience. Reuters assumes no responsibility for any damage or loss caused by the use of the automated translation feature.)

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