Myomo (NYSE:MYO) PT Raised to $8.00

Myomo (NYSE:MYO) had its target price boosted by investment analysts at Colliers Secur. from $7.00 to $8.00 in a research note issued to investors on Wednesday, The Fly reports. Colliers Secur.’s price target indicates a potential upside of 60.32% from the company’s current price.

Shares of NYSE:MYO traded down $0.36 on Wednesday, hitting $4.99. The company had a trading volume of 918,679 shares, compared to its average volume of 191,503. The stock has a market cap of $18.31 million, a PE ratio of -0.38 and a beta of 1.21.

About Myomo

Myomo, Inc, a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States. The company offers MyoPro, a myoelectric-controlled upper limb brace orthosis product used for supporting a patient's weak or paralyzed arm to enable and enhance functional activities of daily living, ADLs, in the home and community.

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