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Enter Symbol:
 
Accuray Incorporated (ARAY) [hlAlert]

Rating:
Buy ARAY
down 5.57 %

Accuray Incorporated (ARAY) rated Buy with price target $8 by Dougherty & Company

Posted on: Thursday,  Aug 29, 2013  11:25 AM ET by Dougherty & Company

Dougherty & Company rated Buy Accuray Incorporated (NASDAQ: ARAY) on 08/29/2013, when the stock price was $6.82.
Since then, Accuray Incorporated has lost 5.57% as of 01/22/2016's recent price of $6.44.
If you would have followed this Dougherty & Company 's recommendation on ARAY, you would have lost 5.57% of your investment in 876 days.

Accuray Incorporated has developed an intelligent robotic radiosurgery system, the CyberKnife system, designed to treat solid tumors anywhere in the body as an alternative to traditional surgery. The CyberKnife system represents the next generation of radiosurgery systems, combining continuous image-guidance technology with a compact linear accelerator (linac) that has the ability to move in three dimensions according to a patient?s treatment plan. The Company?s image-guidance technology continuously acquires images to track a tumor?s location and transmits any position corrections to the robotic arm prior to delivery of each dose of radiation.

Team The research group is composed of five senior analysts and two associate analysts. The senior analysts collectively have 44 years of securities industry experience, and include 3 MBA's, 2 CPA's, 2 PE's (professional engineer), a CFA and a CMA. The team has come together out of a passion for overlooked or misunderstood investment opportunities – generally in smaller-cap companies – and a love of in-depth research, with special emphasis on independent information sources and innovative thinking. Coverage Our research coverage is idea driven and balances the twin demands of opportunism for flexibility and universe consistency for maximization of information sources. Current sub-sectors of interest include: * Specialty retail * Internet security * Internet media * Auto-identification and data capture (AIDC & RFID) * Mobile computing * Specialty manufacturing * Chronic care management * Outpatient services * Medical devices * Healthcare IT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2014 12:25 PM Buy
None
10.38 13.00
as of 12/13/2013
1 Week up  0.87 %
1 Month up  1.64 %
3 Months up  17.03 %
1 YTD up  4.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2013 4:25 PM Buy
None
7.70 10.00
8/29/2013 11:25 AM Buy
None
6.82 8.00

(*) Stock Price at the time of the recommendation.
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