AtriCure (ATRC) to Acquire nContact in Cash, Stock Deal

Go back to AtriCure (ATRC) to Acquire nContact in Cash, Stock Deal

Canaccord Genuity Cuts Price Target on AtriCure (ATRC) on Current Weakness

October 6, 2015 8:55 AM EDT

Canaccord Genuity maintained a Buy rating on AtriCure Inc. (NASDAQ: ATRC), and cut the price target to $28.00 (from $31.00), on current weakness. Analyst Jason Mills recommend investors add to positions in ATRC on weakness associated with the nContact deal.

Mills Commented, "We recommend investors add to positions in ATRC on weakness associated with the nContact deal. We believe this business combination will 1) strengthen AtriCures presence in the AF market; 2) expand its... More