Vascular Solutions (VASC) Tops Q2 EPS by 3c, Updates FY Guidance

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Piper Jaffray Raises Price Target on Vascular Solutions (VASC) to $49 Following 2Q Beat

July 26, 2016 8:07 AM EDT

Piper Jaffray reiterated an Overweight rating on Vascular Solutions (NASDAQ: VASC), and raised the price target to $49.00 (from $45.00), following the company's 2Q earnings report. VASC reported revenue of $41.2M, slightly ahead of the consensus of $41.1M. Adjusted EPS was also ahead of consensus coming in at $0.33 compared to $0.30. Management was very upbeat regarding the... More