Spectranetics Reports First Quarter 2017 Revenue of $69.7 million

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Spectranetics (SPNC) PT Raised to $34 at Needham & Company; Reiterates Buy

April 28, 2017 8:00 AM EDT

Needham & Company raised its price target on Spectranetics (NASDAQ: SPNC) to $34.00 (from $32.00) while maintaining a Buy rating. Revenue was $69.7M vs. consensus of $68.3M and EPS was ($0.43) vs. consensus of ($0.34).

SPNC maintained its revenue guidance of $293-306M vs. consensus of $300M and... More