Craig-Hallum Starts TearLab (TEAR) at Buy, Sets $5 Price Target
Craig-Hallum's Steven Crowley initiated coverage on shares of TearLab (NASDAQ: TEAR) with a Buy rating and $5 price target.
Monday's new Buy rating may be getting some extra attention as Crowley is now only the second analyst to cover TearLab shares. The stock is up a very sharp 12 percent to $1.97 at last check. Crowley's new price target represents potential upside of more than 150 percent.
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