Zacks Initiates Coverage of Retractable Technologies With Underperform Recommendation

Zacks Investment Research has recently initiated coverage of Retractable Technologies, Inc. (RVP) , assigning an "Underperform" recommendation to the company's shares. This bearish stance reflects significant concerns over the company’s recent financial performance and operational challenges.Retractable Technologies, based in Little Elm, TX, manufactures and markets safety medical products, predominantly syringes and needles, for the healthcare industry. Its offerings are primarily aimed at reducing needles ...