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Enter Symbol:
Rating: SONVY

Sonova Holding AG (OTCBB: SONVY) downgraded to Underweight by Morgan Stanley

Tuesday,  Dec 8, 2015  10:25 AM ET by Kristen Bailey

Sonova Holding AG (OTCBB:
SONVY) downgraded to Underweight by Morgan Stanley.

Sonova Holding AG engages in the design, development, manufacture, distribution, and service of hearing systems and related products for adults and children with hearing impairment. It also offers wireless communication systems for audiology applications; and develops and manufactures cochlear and acoustic implant systems, as well as provides professional solutions for hearing protection. The company provides its products under the Phonak, Unitron Hearing, Phonak Communications, Sona, Lyric, Advanced Bionics, Acoustic Implants, Lappere, Hansaton, Hearing Planet, iHear, and Connect Hearing brands. Sonova Holding sells its products through its distribution network and independent distributors, as well as though its retail stores in Switzerland, Europe, the Middle East, Africa, the Americas, and the Asia/Pacific. The company was formerly known as Phonak Holding AG and changed its name to Sonova Holding AG in August 2007. Sonova Holding is headquartered in Stafa, Switzerland.

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