The Latest Breaking News from Staar Surgical

Staar Surgical (NASDAQ:STAA) has outperformed the market over the past 20 years by 5.45% on an annualized basis producing an average annual return of 12.6%. Currently, Staar Surgical has a market capitalization of $2.88 billion.

Needham is initiating coverage on STAAR Surgical Company (NASDAQ:STAA) with a Buy rating and an $87 price target. The analysts note that FDA approval of STAA's EVO Implantable Collamer Lens (ICLs) should serve as a meaningful tailwind for revenue. The Company generates most of its revenue from outside US markets. But after the FDA approval…