Maxim Group Maintains Buy Rating for SINTX Technologies: Here's What You Need To Know

Maxim Group has decided to maintain its Buy rating of SINTX Technologies SINT and lower its price target from $35.00 to $22.00.

Shares of SINTX Technologies are trading down 0.31% over the last 24 hours, at $9.62 per share.

A move to $22.00 would account for a 128.69% increase from the current share price.

About SINTX Technologies

SINTX Technologies Inc is a commercial biomaterial company engaged in using its silicon nitride technology platform to develop, manufacture, and sell a range of medical devices. The company derives product revenue primarily from the manufacture and sale of spinal fusion products used in the treatment of spine disorders. It produces silicon nitride for use in commercial products and product candidates in the forms of Solid Silicon Nitride, Porous Silicon Nitride, and Silicon Nitride Powder, among others. It is also engaged in developing wear-and corrosion-resistant implant components for hip and knee arthroplasty.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.