Canaccord Genuity Reiterates a 'Buy' on AngioDynamics (ANGO); Solid F2Q Offset By Recall
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Price: $15.75 -0.44%
Rating Summary:
8 Buy, 6 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
8 Buy, 6 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity reiterates a 'Buy' on AngioDynamics (NASDAQ: ANGO) price target of $18.50.
Canaccord analyst, Jason R. Mills, said, "FQ2 was the second quarter in a row ANGO beat expectations; however, a recall impacted GAAP EPS and resulted in F2012 guidance tightened to the lower end of the previous range. That said, the recall was voluntary and likely immaterial beyond next Q (FQ3), so we view any weakness in ANGO shares as an opportune time to buy the stock."
For an analyst ratings summary and ratings history on AngioDynamics click here. For more ratings news on AngioDynamics click here.
Shares of AngioDynamics closed at $14.63 yesterday.
Canaccord analyst, Jason R. Mills, said, "FQ2 was the second quarter in a row ANGO beat expectations; however, a recall impacted GAAP EPS and resulted in F2012 guidance tightened to the lower end of the previous range. That said, the recall was voluntary and likely immaterial beyond next Q (FQ3), so we view any weakness in ANGO shares as an opportune time to buy the stock."
For an analyst ratings summary and ratings history on AngioDynamics click here. For more ratings news on AngioDynamics click here.
Shares of AngioDynamics closed at $14.63 yesterday.
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