Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Glaukos Stock Sank Today

TheMotleyFool

0 0

Shares of Glaukos (NYSE: GKOS) were sinking 14.7% as of 3:28 p.m. EDT on Tuesday. The decline came after Wells Fargo analyst Larry Biegelsen downgraded the stock to an underweight rating from equal weight. Biegelsen also set a $41 price target for Glaukos, nearly 19% below its closing price on Monday.

This isn't the first recent downgrade for Glaukos. Last week, William Blair downgraded the healthcare stock to market perform from market outperform.

Image source: Getty Images.

Source Fool.com

Like: 0

GKOS

Share