Goldman Sachs Starts Volcano Corp. (VOLC) at Neutral
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Price: $17.99 --0%
Rating Summary:
1 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
1 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Volcano Corp. (NASDAQ: VOLC) with a Neutral rating and $30 price target.
The positive thesis focuses on a positive outlook on longer term IVUS/FFR/OCT market growth, diversified product suite and accelerating margin expansion. However, the caution views focuses on slowing near-term global PCI volumes, and increasing competition from St. Jude Medical (NYSE: STJ) in the FFR/OCT market.
For more ratings news on Volcano Corp. click here and for the rating history of Volcano Corp. click here.
Shares of Volcano Corp. closed at $25.32 yesterday.
The positive thesis focuses on a positive outlook on longer term IVUS/FFR/OCT market growth, diversified product suite and accelerating margin expansion. However, the caution views focuses on slowing near-term global PCI volumes, and increasing competition from St. Jude Medical (NYSE: STJ) in the FFR/OCT market.
For more ratings news on Volcano Corp. click here and for the rating history of Volcano Corp. click here.
Shares of Volcano Corp. closed at $25.32 yesterday.
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