Wedbush Maintains Outperform Rating on Heartware International (HTWR), Raises FV $80

Article Stock Quotes (1) Comments (0)

Wedbush's Outperform rating on Heartware International Inc. (NASDAQ: HTWR) remains to be placed on the company at this time, but the company did increase the fair value amount on the company to $80 from $75.

The firm reports that, "Our fair value has increased from $75 after raising our multiple for US BTT sales to 5x (from 4x) as we believe approval is almost certain following to the positive results from the ADVANCE trial."

For more ratings news on Heartware International Inc. click here and for the rating history of Heartware International Inc. click here.

Shares of Heartware International Inc. closed at $73.00 yesterday, with a 52 week range of $30.90-$76.19.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Morgan Stanley Says Tesla (TSLA) 'Top Pick in U.S. Autos'
• UPDATE: Macquarie Downgrades Barrick Gold (ABX) to Underperform
• UBS Survey Shows Signs of Strength for Gilead's (GILD) TAF

Create E-mail Alert Related Categories

Analyst Comments

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?