UPDATE: Canaccord Genuity Upgrades Volcano Corporation on Positive Trends

In a report published Tuesday, Canaccord Genuity analyst Jason R. Mills upgraded Volcano Corporation (NASDAQ: VOLC ) from Hold to Buy, and raised the price target from $21.00 to $26.00. In the report, Canaccord Genuity noted, “Solid or improving revenue growth trends and margin expansion are tried and true drivers of