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Enter Symbol:
 
Accuray Incorporated (ARAY) [hlAlert]

Rating:
Underperform
ARAY
up 47.82 %

Accuray Incorporated (ARAY) rated Underperform with price target $10 by Oppenheimer

Posted on: Thursday,  Jan 31, 2008  9:25 AM ET by Oppenheimer

Oppenheimer rated Underperform Accuray Incorporated (NASDAQ: ARAY) on 01/31/2008, when the stock price was $9.52. Since
then, Accuray Incorporated has lost 32.35% as of 01/22/2016's recent price of $6.44.
If you would have followed this Oppenheimer's recommendation on ARAY, you would have gained 47.82% of your investment in 2913 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2008 9:25 AM Sell
None
9.52 10.00
as of 12/24/2008
1 Week up  0.16 %
1 Month down  -15.63 %
3 Months down  -19.32 %
1 YTD down  -16.08 %

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