Investment analysts at Ladenburg Thalmann started coverage on shares of Viveve Medical Inc (NASDAQ:VIVE) in a research note issued to investors on Tuesday. The firm set a “buy” rating on the stock.

Separately, Maxim Group reiterated a “buy” rating and set a $11.00 price objective (down previously from $16.00) on shares of Viveve Medical in a report on Tuesday, June 21st.

Shares of Viveve Medical (NASDAQ:VIVE) traded up 3.00% during midday trading on Tuesday, hitting $7.21. 78,771 shares of the stock traded hands. The firm’s 50 day moving average price is $7.58 and its 200 day moving average price is $6.60. The company’s market capitalization is $76.47 million. Viveve Medical has a 12-month low of $4.02 and a 12-month high of $10.50.

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Viveve Medical (NASDAQ:VIVE) last released its quarterly earnings data on Thursday, August 11th. The company reported ($0.66) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.48) by $0.18. The firm earned $1.56 million during the quarter, compared to analyst estimates of $1.33 million. Analysts expect that Viveve Medical will post ($2.06) EPS for the current year.

Viveve Medical Company Profile

Viveve Medical, Inc, formerly PLC Systems, Inc, designs, develops, manufactures and markets medical devices for the non-invasive treatment of vaginal laxity. The Company’s Viveve Treatment is a non-invasive solution for vaginal laxity that is performed in approximately 30 minutes, in a physician’s office.

5 Day Chart for NASDAQ:VIVE

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