By Masoud Bidgoli
Zacks upgraded shares of Mazor Robotics Ltd – (NASDAQ
:MZOR) from a hold rating to a buy rating in a report released on Tuesday. Zacks currently has $16.00 price objective on the stock.
According to Zacks, “Mazor Robotics Ltd. is engaged in the development, production and marketing of medical devices for surgical procedures in the fields of orthopedics and neurosurgery. It offers Renaissance(TM), a surgical robotic system to conduct spine surgeries with less radiation. The company operates in the United States, Eastern Europe, Western Europe and Asia. Mazor Robotics Ltd. is based in Caesarea, Israel. “ 
Zacks has also taken action a number of other stocks recently. The firm downgraded shares of Mountain Province Diamonds, Inc. from a strong-buy rating to a hold rating. Also, Zacks downgraded shares of James Hardie Industries plc from a hold rating to a sell rating. Finally, Zacks upgraded shares of Flagstar Bancorp Inc from a hold rating to a strong-buy rating. Zacks now has a $22.00 price target on that stock.
Separately, analysts at Wells Fargo & Co. initiated coverage on shares of Mazor Robotics Ltd – in a research note on Tuesday, April 14th. They set a market perform rating on the stock.