UPDATE: Wunderlich Securities Initiates Coverage on Sharps Compliance at Buy

According to Wunderlich Securities, Sharps Compliance (NASDAQ: SMED) coverage is initiated at Buy.

Wunderlich Securities said that it is initiating coverage of Sharps Compliance Corp. (SMED) with a Buy rating and a $7.50 price target. “harps Compliance Corp. offers low-cost medical waste and unused pharmaceutical disposal solutions for both the regulated (healthcare business) and unregulated (consumer) markets.”

Sharps Compliance closed yesterday at $3.63.

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