Goldman Sachs Starts Thoratec (THOR) at Neutral

December 16, 2011 7:01 AM EST
Get Alerts THOR Hot Sheet
Price: $26.43 +0.38%

Rating Summary:
    8 Buy, 16 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs initiates coverage on Thoratec (NASDAQ: THOR) with a Neutral. PT $33.00.

Over the long-term Goldman expects the company's core technology has the potential to be one of the most significant markets in MedTech. That said, "new competition in the US, a lack of major new products in 2012, and the need to invest in market development will likely cap the potential for upside."

For an analyst ratings summary and ratings history on Thoratec click here. For more ratings news on Thoratec click here.

Shares of Thoratec closed at $30.44 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage

Related Entities

Goldman Sachs