ReWalk Robotics Up On Buy Rating, Stock Price Upgrade

By | May 22, 2015

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ReWalk Robotics (RWLK) was upgraded to a buy rating from hold by Canaccord Genuity on a view that the company is now positioned for improved sustainable growth. ReWalk develops and makes wearable robotic exoskeletons for individuals with spinal cord injuries. The company raised $36 million in its Sept. 12 initial public offering. The stock priced at 12 and soared 113% on its first trading day. It peaked the following day at 43.70 and went on a Scalper1 News

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