Canaccord Genuity Maintains a 'Buy' on Edwards Lifesciences (EW); Voting in Favor of SAPIEN
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Price: $65.53 -0.29%
Rating Summary:
11 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
11 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade EW Now!
Canaccord Genuity maintains a 'Buy' on Edwards Lifesciences (NYSE: EW) price target of $103.00.
Analyst, Jason R. Mills, said, "The FDA panel voted in favor of SAPIEN, intimating that Cohort A data provided reasonable assurance of the safety, effectiveness and benefits outweighing risks of SAPIEN TAVI in high-risk patients with severe symptomatic aortic stenosis. We currently expect formal FDA approval in late Q3/early Q4, but think earlier-than-expected approval is possible, which could portend upside to our/consensus revenue/EPS estimates."
For an analyst ratings summary and ratings history on Edwards Lifesciences click here. For more ratings news on Edwards Lifesciences click here.
Shares of Edwards Lifesciences closed at $90.54 yesterday, with a 52 week range of $61.59-$92.30.
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Analyst, Jason R. Mills, said, "The FDA panel voted in favor of SAPIEN, intimating that Cohort A data provided reasonable assurance of the safety, effectiveness and benefits outweighing risks of SAPIEN TAVI in high-risk patients with severe symptomatic aortic stenosis. We currently expect formal FDA approval in late Q3/early Q4, but think earlier-than-expected approval is possible, which could portend upside to our/consensus revenue/EPS estimates."
For an analyst ratings summary and ratings history on Edwards Lifesciences click here. For more ratings news on Edwards Lifesciences click here.
Shares of Edwards Lifesciences closed at $90.54 yesterday, with a 52 week range of $61.59-$92.30.
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