Restoration Robotics Inc (HAIR) Receives a Buy from Maxim Group

By Ryan Adsit

Maxim Group analyst Anthony Vendetti reiterated a Buy rating on Restoration Robotics Inc (HAIRResearch Report) today and set a price target of $6. The company’s shares closed on Friday at $0.71, close to its 52-week low of $0.35.

According to TipRanks.com, Vendetti is a 4-star analyst with an average return of 4.6% and a 49.6% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Xtant Medical Holdings, Ra Medical Systems Inc, and Milestone Scientific.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Restoration Robotics Inc with a $6 average price target.

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The company has a one-year high of $8.20 and a one-year low of $0.35. Currently, Restoration Robotics Inc has an average volume of 288.2K.

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Restoration Robotics, Inc. manufactures and develops medical devices for hair transplantation services. It provides artas system, a computer-assisted, physician-controlled system to harvest follicular units directly from the scalp.