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Zeltiq Aesthetics Inc (ZLTQ) [hlAlert]

Neutral ZLTQ
up 106.90 %

Zeltiq Aesthetics Inc (ZLTQ) downgraded to Neutral by Goldman

Posted on: Tuesday,  Jan 14, 2014  8:25 AM ET by Goldman

Goldman rated Neutral Zeltiq Aesthetics Inc (NASDAQ: ZLTQ) on 01/14/2014. Previously Goldman rated Buy Zeltiq Aesthetics Inc (NASDAQ: ZLTQ) on 10/14/2013.,
when the stock price was $9.42. Since then, Zeltiq Aesthetics Inc has gained 106.90% as of 01/14/2014's recent price of $19.49.
If you would have followed the previous Goldman's recommendation on ZLTQ, you would have gained 106.9% of your investment in 92 days.

ZELTIQ Aesthetics, Inc. (ZELTIQ) is a medical technology company. The Company is focused on developing and commercializing products utilizing its controlled-cooling technology platform. Its commercial product is the CoolSculpting System that reduces stubborn fat bulges. The Company generates revenues from capital sales of its CoolSculpting System and from procedure fees its physician customers pay for each CoolSculpting procedure they perform. As of March 31, 2011, it had an installed base of 346 and 475 CoolSculpting Systems worldwide and over 88,000 CoolSculpting procedures had been sold to its physician customers. The Company markets CoolSculpting to the dermatologists, plastic surgeons, and aesthetic specialists. As of March 31, 2011, ZELTIQ?s North American direct sales force consisted of 23 professionals, and over 88,000 CoolSculpting procedures were sold to ZELTIQ?s physician customers.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2014 8:25 AM Hold
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD up  3.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/14/2013 8:25 AM Buy
9.42 12.00

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