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Cynosure (CYNO) Looks Good: Stock Adds 6.6% in Session

Cynosure, Inc.CYNO was a big mover last session, as the company saw its shares rise over 6% on the day. The upside was driven after it was reported that the company is looking for a potential buyer. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This reverses the downtrend of the company, as the stock is now down 3.5% since Jan 5, 2016.

None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate also moved lower suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.

Cynosure has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Cynosure, Inc. Price

Cynosure, Inc. Price | Cynosure, Inc. Quote

A better-ranked stock in the same industry is Glaukos Corporation GKOS , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

Is CYNO going up? Or down? Predict to see what others think: Up or Down

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Cynosure, Inc. (CYNO): Free Stock Analysis Report

Glaukos Corporation (GKOS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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