Notable Downgrades: Lumenis Ltd. (LMNS), Spirit Airlines (SAVE), Axovant Sciences (AXON), Oracle (ORCL)

Analysts at Maxim Group downgraded Lumenis Ltd. (LMNS) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Thursday. On valuation measures, Lumenis Ltd. stock it’s trading at a forward P/E multiple of 17.11x, and at a multiple of 28.46x this year’s estimated earnings. The t-12-month revenue at Lumenis Ltd. is $292.42 million. […] View the full post at: Notable Downgrades: Lumenis Ltd. (LMNS), Spirit Airlines (SAVE), Axovant Sciences (AXON), Oracle (ORCL) Related posts: Spirit Airlines Combats the Tragedy of the Overhead Bin Oracle (ORCL) Looks Downright Visionary Oracle (ORCL): Finally Bitten Off More than it Can Chew?