Ahead of the Bell: AMO Upgraded to ‘Buy’
January 11th, 2008
“Despite ongoing concerns regarding guidance and a deteriorating consumer environment, we believe Advanced Medical Optics shares are no longer trading on any particular earnings forecast and are oversold at current levels”
A Jefferies & Co. analyst upgraded shares of Advanced Medical Optics Inc. Friday, saying that even though the company faces serious challenges in 2008, the eye care product maker’s stock is inexpensive. via International Business Times
Original post by International Business Times
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