Presbia (LENS) Lifted to Hold at Zacks Investment Research

Presbia (NASDAQ:LENS) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday.

According to Zacks, “Presbia PLC offers ophthalmic device. It is focused on the development and marketing of an optical lens implant for the treatment of presbyopia. The company’s product consists of Presbia Flexivue Microlens(TM). Presbia PLC is based in Irvine, California. “

Other analysts have also recently issued research reports about the stock. HC Wainwright reissued a “buy” rating and set a $6.00 target price on shares of Presbia in a research note on Monday, August 27th. ValuEngine raised shares of Presbia from a “hold” rating to a “buy” rating in a research note on Thursday, July 5th.

LENS stock opened at $1.67 on Thursday. Presbia has a 52 week low of $1.55 and a 52 week high of $7.14.

About Presbia

Presbia PLC, an ophthalmic device company, develops and markets optical lens implants for treating presbyopia. The company provides the refractive lens for patient surgeries, as well as accessories for procedures. It primarily operates in South Korea, Australia, New Zealand, Italy, the Netherlands, Ireland, Canada, and Germany.

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