Jefferies Raises Volcano PT To $29, Maintains Hold (VOLC)

Jefferies raised its Volcano VOLC price target from $25 to $29 and maintained its Volcano Hold rating in a research report published today. In the report, Jefferies states, "Volcano's various technologies have considerable room for growth; however, uncertainty around the company's position in the next generation imaging technology called OCT keeps us at Hold." Shares of Volcano were at $26.25 in Wednesday after hours trading, down 3.17% from Wednesday's market close.