UPDATE: Wunderlich Securities Initiates Coverage on Sharps Compliance at Buy

According to Wunderlich Securities, Sharps Compliance

coverage is initiated at Buy. Wunderlich Securities said that it is initiating coverage of Sharps Compliance Corp. (

) 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.