GARP Research Maintains a 'Buy' on Conceptus (CPTS); Very Attractive Name in Health Care
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Price: $31.02 --0%
Rating Summary:
2 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 9 | New: 14
Rating Summary:
2 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 9 | New: 14
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GARP Research maintains a 'Buy' on Conceptus (NASDAQ: CPTS).
Analyst, Alastair Mackay, said, "Q1 revenue rose 9% on a rebound of domestic sales from 1Q11’s mid-recession low point, prompting an increase to guidance. Then Hologic (Nasdaq: HOLX) settled with Conceptus, agreeing to pull Adiana. This led to a second upwards adjustment. CPTS has leapt 36% since earnings were announced."
"We think CPTS is one of the most attractive names in health care. Hysteroscopic sterilization should continue to take share from tubal ligation, given the benefits of HS for patients, physicians, and payers."
For an analyst ratings summary and ratings history on Conceptus click here. For more ratings news on Conceptus click here.
Shares of Conceptus closed at $15.18 yesterday.
Analyst, Alastair Mackay, said, "Q1 revenue rose 9% on a rebound of domestic sales from 1Q11’s mid-recession low point, prompting an increase to guidance. Then Hologic (Nasdaq: HOLX) settled with Conceptus, agreeing to pull Adiana. This led to a second upwards adjustment. CPTS has leapt 36% since earnings were announced."
"We think CPTS is one of the most attractive names in health care. Hysteroscopic sterilization should continue to take share from tubal ligation, given the benefits of HS for patients, physicians, and payers."
For an analyst ratings summary and ratings history on Conceptus click here. For more ratings news on Conceptus click here.
Shares of Conceptus closed at $15.18 yesterday.
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