Financial

Mazor Robotics Ltd – Downgraded by Zacks (MZOR)

By Jennifer Langley

Mazor Robotics Ltd – (NASDAQ:MZOR) was downgraded by Zacks from a “strong-buy” rating to a “hold” rating in a note issued to investors on Thursday, Market Beat.com reports.

According to Zacks, “Mazor Robotics Ltd. is engaged in the development, production and marketing of medical devices for surgical procedures in the fields of orthopedics and neurosurgery. It offers Renaissance(TM), a surgical robotic system to conduct spine surgeries with less radiation. The company operates in the United States, Eastern Europe, Western Europe and Asia. Mazor Robotics Ltd. is based in Caesarea, Israel. “

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of Mazor Robotics Ltd – in a research note on Tuesday, July 7th.

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