By: Benzinga
UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on Accuray
In a report published Friday, Jefferies & Company reiterated its Buy rating on Accuray (NASDAQ: ARAY ), but lowered its price target from $10.00 to $6.50. Jefferies noted, “Accuray posted preliminary F2Q results well below expectations and drastically reduced its F13 guidance. The reset under new management was expected but
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