Zimmer upgraded to Neutral from Reduce at SunTrust SunTrust upgraded Zimmer to Neutral after its survey indicated ortho recon volumes remain strong. The firm raised its price target for shares to $93 from $83.
BIOLASE CEO Jeffrey Nugent to step down, Harold Flynn appointed CEO BIOLASE (BIOL) announced that Harold Flynn Jr. will become president and CEO, effective July 13. The current president and CEO Jeffrey Nugent will step down at that time. Since 2007, Flynn has been president of Zimmer Dental, a manufacturer and provider of medical devices for the dental market. Zimmer Dental is a division of Zimmer Holdings (ZMH).