Wedbush Initiates Coverage Of Imris, Shares Rise 4.6% (IMRS)

Shares of Imris Inc

ended the Thursday trading session up 4.6% at $5.75 per share. Wedbush initiated coverage of Imris Inc with a rating of Outperform and a price target of $9 per share. The day's range for shares of Imris Inc. (

) was between $5.60 and $5.92 per share. Volume of 452,000 shares was more than 11 times the daily average volume of 40,000 shares. Imris Inc is a global leader in providing image guided therapy solutions that feature fully integrated surgical and interventional suites that incorporate magnetic resonance, fluoroscopy and computed tomography to deliver on demand imaging during procedures. The company's systems serve the neurosurgical, cardiovascular and neurovascular markets and have been selected by leading medical institutions around the world. Read more