UPDATE: Jefferies Raises PT on Accuray Following Good F4Q Results
August 28, 2013 at 09:27 AM EDT
In a report published Wednesday, Jefferies analyst Raj Denhoy reiterated a Buy rating on Accuray (NASDAQ: ARAY ), and raised the price target from $6.50 to $8.00. In the report, Jefferies noted, “ARAY posted a good F4Q with a modest revenue beat, tighter expense controls, and another sequential uptick in
