Tuesday, November 30, 2010

Accuray Lowered to Underperform

>>We downgrade our recommendation for leading radiosurgery systems maker Accuray Incorporated (NasdaqGM: ARAY - News) to Underperform following the company’s lackluster first-quarter fiscal 2011 results and a tepid outlook. The first quarter loss per share of 8 cents was higher than the Zacks Consensus Estimate of a loss of 7 cents and the year-ago loss of 6 cents.

Read more at this link.

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