Alphatec Holdings Downgraded by Zacks to Neutral (ATEC)
Alphatec Holdings (NASDAQ:ATEC) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Wednesday, ARN reports. They currently have a $2.50 price objective on the stock. Zacks‘ price target would indicate a potential upside of 14.16% from the company’s current price.
Separately, analysts at Jefferies Group raised their price target on shares of Alphatec Holdings from $2.50 to $3.00 in a research note to investors on Friday, November 8th. They now have a “buy” rating on the stock.
Shares of Alphatec Holdings (NASDAQ:ATEC) traded up 1.83% during mid-day trading on Wednesday, hitting $2.23. The stock had a trading volume of 88,122 shares. Alphatec Holdings has a 52 week low of $1.55 and a 52 week high of $2.41. The stock has a 50-day moving average of $2.12 and a 200-day moving average of $2.02. The company’s market cap is $214.9 million.
Alphatec Holdings, Inc (NASDAQ:ATEC) is a medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders.
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