Leerink Swann Starts Cardiovascular Systems (CSII) at Outperform; Competitor in Large PAD Market; CAD Potential
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Price: $18.61 -2.51%
Rating Summary:
8 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 20 | Down: 36 | New: 13
Rating Summary:
8 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 20 | Down: 36 | New: 13
Trade CSII Now!
Leerink Swann initiates coverage on Cardiovascular Systems (NASDAQ: CSII) with a Outperform. PT $11-$12.
Analyst, Danielle Antalffy, said, "Longer term, we view the largely underpenetrated atherectomy market opportunity as compelling potentially exceeding $1.5B in peripheral arterial disease (PAD) alone - driving a ~15% sales CAGR through FY15."
"And a potential coronary (CAD) indication drives further upside to our long-term estimates, potentially doubling CSII's addressable market opportunity."
For an analyst ratings summary and ratings history on Cardiovascular Systems click here. For more ratings news on Cardiovascular Systems click here.
Shares of Cardiovascular Systems closed at $9.67 yesterday, with a 52 week range of $7.25-$13.71.
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Analyst, Danielle Antalffy, said, "Longer term, we view the largely underpenetrated atherectomy market opportunity as compelling potentially exceeding $1.5B in peripheral arterial disease (PAD) alone - driving a ~15% sales CAGR through FY15."
"And a potential coronary (CAD) indication drives further upside to our long-term estimates, potentially doubling CSII's addressable market opportunity."
For an analyst ratings summary and ratings history on Cardiovascular Systems click here. For more ratings news on Cardiovascular Systems click here.
Shares of Cardiovascular Systems closed at $9.67 yesterday, with a 52 week range of $7.25-$13.71.
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