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JMP upgrades Zimmer Holdings to market perform
Zimmer Holdings, Inc. was upgraded to market perform from market underperform by JMP Securities analyst Robert C. Faulkner based on valuation. JMP predicts more deceleration in the orthopedic reconstructive market (hips and knees). Shares of the Warsaw, Ind., medical device company were up 80 cents, or 1.29%, at $62.90 on volume of 7,392,800 shares versus the three-month running average of 1,601,890 shares. (NYSE: ZMH)
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