Form 8-K NxStage Medical, Inc. For: Feb 10

Go back to Form 8-K NxStage Medical, Inc. For: Feb 10

Selloff in NxStage Medical (NXTM) Seems 'Excessive'; BTIG Reaffirms at 'Buy'

February 11, 2016 9:48 AM EST

BTIG is out in defense of NxStage Medical, Inc. (NXTM) following the company's Q4, FY16 results reported on Wednesday. The firm rates NxStage at Buy with a price target of $27.

Analyst Sean Lavin noted that NxStage posted FY16 revenue of $336 million, which exceeded the company's outlook of $332 - $333 million. But, a... More