BTIG Upgrades Edwards Lifesciences (EW) to Buy
BTIG upgraded Edwards Lifesciences (NYSE: EW) from Neutral to Buy with a price target of $115. The upgrade follows strong SAPIEN 3 data.
"This is medically changing data of rare magnitude and far better than expected. We’ve felt THVs would be superior in sicker pts but weren’t sure in less sick patients. While equal would have converted the entire market, superiority should cause this much faster," said analsyt Sean Lavin.
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Shares of Edwards Lifesciences closed at $89.92 yesterday.