Zacks Investment Research upgraded Smith & Nephew from a "hold" rating to a "buy" rating, according to Washington News Wire.
Here are five points:
1. Zacks currently has a $38 price target on the stock.
2. Smith & Nephew has a consensus rating of "hold" and a consensus target price of $39.25 from all the brokerages covering the firm.
3. The company's stock has a 50-day moving average of $32.91 and a 200-day moving average of $33.54.
4. Smith & Nephew has a one-year low of $30.23 and a one-year high of $37.84.
5. The stock has a market cap of $15.2 billion.