A statement released earlier today by Lake Street Capital about Invuity, Inc. (NASDAQ:IVTY) bumps the target price to $18.00
- Updated: September 19, 2016
Lake Street Capital upped the target price of Invuity, Inc. (NASDAQ:IVTY) to $18, indicating a possible upside of 0.35%.
Previously on 8/29/2016, Craig-Hallum reported on Invuity, Inc.(NASDAQ:IVTY) raised the target price from $0.00 to $25.00 that indicated a possible upside of 0.96%.
Just yesterday Invuity, Inc. (NASDAQ:IVTY) traded 3.83% higher at $13.30. Invuity, Inc.’s 50-day moving average is $11.85 and its 200-day moving average is $8.67. The last close is up 59.35% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time. 12,718 shares of the stock were exchanged, down from ann average volume of 95,962.
Invuity, Inc. has a one-year low of $4.80 and a one-year high of $15.46 . Invuity, Inc.’s market cap is currently $0.0.
About Invuity, Inc. (NASDAQ:IVTY)
Invuity, Inc., a medical technology company, develops various surgical devices to address various surgical procedures in the United States. The company integrates its intelligent photonics technology platform into its single-use and reusable advanced surgical devices to address various critical intracavity illumination and visualization challenges. The company offers various illuminated surgical devices, including Eikon illuminated and Eikon LT Illuminated retractor systems for breast oncology/oncoplastic/general/orthopedics surgeries; Saber Yankauer, a handheld illuminator for orthopedic/spine/cardiothoracic/breast/general surgeries; and Saber Frazier, a handheld illuminator for spine/orthopedic/neurosurgery surgeries. It also provides Eika illuminated retractor systems for anterior neck approaches comprising thyroid and cervical spine surgeries; Breiten illuminated retractor systems for spine surgeries; Eipex illuminated retractor systems for spine/orthopedic surgeries; Eivector illuminated and Eiberg Illuminated retractor systems for orthopedic surgeries; and Waveguide XT system, a drop-in intracavity illuminator for spine surgeries. The company sells its devices through its direct sales representatives; and directly to hospitals and surgeons, as well as to third-party medical device manufacturers. The company was formerly known as Spotlight Surgical, Inc. and changed its name to Invuity, Inc. in 2007. Invuity, Inc. was incorporated in 2004 and is based in San Francisco, and California.
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