ICU Medical (ICUI) Tops Q1 EPS by 13c, Reaffirms Guidance

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Piper Jaffray Raises Price Target on ICU Medical (ICUI) as Margins Drive EPS Beat

May 11, 2016 8:13 AM EDT

Piper Jaffray reiterated a Neutral rating on ICU Medical (NASDAQ: ICUI), and raised the price target to $115.00 (from $110.00), following the company's 1Q earnings report. ICUI reported revenues of $89.9M, slightly ahead of consensus of $88.2M. Adjusted EPS of $1.14 came in ahead of expectations of $1.01 on strength in... More