BTIG Starts Lombard Medical (EVAR) at Buy
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Price: $0.22 --0%
Rating Summary:
1 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 6
Rating Summary:
1 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 6
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BTIG initiated coverage on Lombard Medical (NASDAQ: EVAR) with a Buy rating and a price target of $9.00.
Analyst Sean Lavin said, "EVAR looks like a bargain at ~2.6x projected NTM revenue. If the company can hit estimates we believe it should trade at 4-5x revenue like similar fast growing device companies."
For an analyst ratings summary and ratings history on Lombard Medical click here. For more ratings news on Lombard Medical click here.
Shares of Lombard Medical closed at $7.21 yesterday.
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