LCA Vision reiterated at market outperform

JMP Securities analyst Anthony Ostrea reiterated LCA-Vision Inc. at market outperform and a $64 price target following a visit to the company's San Mateo, Calif., location. The San Mateo center generates procedures averaging 250 to 300 per month. According to the analyst, LCA has room to take its current spend of $215 to $220 per procedure higher to drive patient volumes. In addition, the company has procedures in place to convert patients, such as a less-than five minute pre-op wait time. Shares of the Cincinnati-based laser vision correction services company were up 44 cents, or 1.03%, at $43.05, on volume of 279,698 shares versus the three-month running average of 521,969 shares. (Nasdaq: LCAV)

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