Rodman & Renshaw Downgrades ABIOMED (ABMD) to Market Underperform, Sets $13 Price Target

December 20, 2011 12:13 PM EST
Get Alerts ABMD Hot Sheet
Price: $381.02 --0%

Rating Summary:
    7 Buy, 12 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Rodman & Renshaw downgraded shares of ABIOMED (NASDAQ: ABMD) to a Market Underperform rating from its previous rating of Market Perform. The firm also set a new price target of $13.

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

Shares of ABIOMED closed at $18.25 yesterday.


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