Cardica (CRDC) Reports In-Line Q1 EPS

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Wedbush Reiterates Outperform and Sees Progress on Cardica (CRDC)

November 9, 2015 8:57 AM EST

Wedbush reiterated an Outperform rating and $1.50 price target on Cardica, Inc. (NASDAQ: CRDC) as analyst Tao Levy believes incremental progress is being made towards the company's lengthy turnaround story. The XCHANGE 30 continues to receive good feedback in Europe, with sales improving sequentially. However,... More