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Rating: ZLTQ
Buy

Zeltiq Aesthetics Inc (NASDAQ: ZLTQ) rated to Buy by Griffin Securities

Friday,  Jan 22, 2016  10:25 AM ET by Lynn Gilbert

Griffin Securities rated
Zeltiq Aesthetics Inc (NASDAQ: ZLTQ) to Buy.

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.

Griffin Securities



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