Zacks upgrades K2M stock to ‘buy’ rating — 5 points

Zacks Investment Research upgraded K2M’s rating from “hold” to “buy” on Oct. 5, according to BBNS.

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Here are five points:

 

1. Zacks has a $20 price objective on K2M’s stock.

 

2. The firm also estimates a potential upside of 11.11 percent.

 

3. With a 50-day moving average of $16.82, K2M has a 200-day moving average of $15.37.

 

4. The company’s market capitalization is $758.61 million.

 

5. K2M’s 52-week low is $10.10 and its 52-week high is $21.67.

 

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