Barclays Lowers Estimates on Heartware Int'l (HTWR); Q1 and 10-Q Review


FREE Breaking News Alerts from StreetInsider.com!

E-mail Address
May 16, 2012 1:01 PM EDT Send to a Friend
Get Alerts HTWR Hot Sheet
Price: $92.33 -0.39%

Rating Summary:
    7 Buy, 9 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 13
Trade HTWR Now!
Barclays maintains an 'Overweight' on Heartware Int'l (NASDAQ: HTWR) price target of $90.00.

Analyst, Matthew Taylor, said, "HTWR released solid 1Q results last week marked by operational strength in Europe, international center adds, the recent completion of ENDURANCE enrollment, and a positive FDA panel recommendation. Following the successful panel, HTWR is turning its focus to labeling and post-approval studies, and is actively involved in discussions with the FDA."

As far as the issues in HTWR's 10-Q, Taylor said there were no new material disclosures relating to warning letters, subpoenas, litigation, recalls, or gov't investigations. However, Taylor did cut FY12 loss from -3.54 to -4.53 and FY13 from -1.05 to -1.38.

For an analyst ratings summary and ratings history on Heartware Int'l click here. For more ratings news on Heartware Int'l click here.

Shares of Heartware Int'l closed at $80.99 yesterday, with a 52 week range of $53.40-$84.25.

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


Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View

Related Entities

Barclays

Comments

Misleading Headline
cjgaddy on May 17, 2012 10:01 AM
Mark as Spam | Reply to this comment

The headline for this article s/b: "“Barclays Lowers LOSS Estimates on Heartware Int'l (HTWR)…”. Without including LOSS, very misleading.

Misleading Headline
CJGADDY on May 16, 2012 03:18 PM
Mark as Spam | Reply to this comment

5-16-12
Hi SI,
Your “Headlines” should accurately Reflect the Gist of the Content of the article.
This one certainly DOES NOT:
http://www.streetinsider.com/Analyst+Comments/Barclays+Lowers+Estimates+on+Heartware+Intl+(HTWR)%3B+Q1+and+10-Q+Review/7446733.html
Headline: “Barclays Lowers Estimates on Heartware Int'l (HTWR)…”
Should Be: “Barclays Lowers LOSS Estimates on Heartware Int'l (HTWR)…”
- - - - - -
To Reflect: “Taylor did CUT FY12 LOSS from -3.54 to -4.53 and FY13 from -1.05 to -1.38.”
Oh what a Difference that one little word makes!
Please FWD this to SI reported that did this, and tell him how important Accurate Headlines are.
Thank you.


Add Your Comment