Accuray Inc (ARAY)

[realfast95]

CMS 'pouring fuel on the fire' for Accuray with APM rule, says Lake Street 09:18 ARAY Lake Street analyst Brooks O'Neil said he believes Accuray is "exceptionally well-positioned to win" as healthcare markets globally stabilize after the COVID-19 pandemic, adding that CMS "is pouring fuel on the fire" by publishing a final rule related to an Alternate Payment Model now set to begin in 30% of the U.S. on January 1, 2021. The CMS rule will reward providers who utilize the high intensity, low frequency treatments pioneered by Accuray, according to O'Neil, who also sees the company as "on the cusp of the incredible opportunity to begin to deliver both Type A and Type B equipment to the massive China market over the next several quarters." O'Neil keeps a Buy rating and $10 price target on Accuray shares.

Read more at:
https://thefly.com/n.php?id=3166628

This was from Monday 9/28/20