Neovasc (NVCN) Outpaces Q4 Loss Views

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Canaccord Genuity Cuts Price Target on Neovasc (NVCN) to $9.50; Reiterates Buy

March 30, 2016 10:04 AM EDT

Canaccord Genuity maintained a Buy rating on Neovasc (NASDAQ: NVCN), and cut the price target to $9.50 (from $15.00). Cannaccord continues to see NVCN as an attractive long-term asset in the potentially huge Transcatheter mitral valve replacement (TMVR) space. However, clinical and market development hurdles remain for all, and enrollment in NVCNs TIARA-1... More