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Restore kept at outperform by RBC
RBC Capital Markets analyst Phil Nalbone maintained Restore Medical, Inc. at outperform, speculative risk, with a price target of $7.00 after company results met RBC's lowered expectations. As expected, total sales were flat versus the year-ago quarter at $1.2 million, with U.S. sales of $1.1 million and worldwide sales of $131,000 relative to $432,000 the prior year. Shares of the St. Paul, Minn.-based medical device company were up 0.0815 cents, or 2.16%, at $3.8615. (Nasdaq: REST)
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