Canaccord Genuity Downgrades Cyberonics To Hold

Analysts at Canaccord Genuity downgraded Cyberonics

from Buy to Hold. The target price for Cyberonics has been lowered from $63 to $52. Cyberonics shares have gained 4.05% over the past 52 weeks, while the S&P 500 index has surged 19.77% in the same period. Cyberonics' shares tumbled 6.11% to close at $58.27 yesterday.