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Morgan Stanley Downgrades Mindray Medical To Underweight

Courtesy of Benzinga.

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Analysts at Morgan Stanley downgraded Mindray Medical International (NYSE: MR) from Equal-weight to Underweight.

The price target for Mindray Medical has been lowered from $37 to $28.

Mindray Medical shares have declined 24.02% over the past 52 weeks, while the S&P 500 index has gained 14.65% in the same period.

Mindray Medical’s shares fell 0.28% to close at $28.19 yesterday.

Latest Ratings for MR

Date Firm Action From To
Dec 2014 Morgan Stanley Downgrades Equal-weight Underweight
May 2014 Jefferies Assumes Hold
May 2014 Bank of America Downgrades Buy Neutral

View More Analyst Ratings for MR
View the Latest Analyst Ratings

Posted-In: Morgan StanleyDowngrades Analyst Ratings

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