Corindus Vascular Robotics (CVRS) Tops Q3 EPS by 1c

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Corindus Vascular Robotics (CVRS) PT Lowered to $1.75 at Cowen; Reiterates Outperform

November 8, 2017 8:09 AM EST

Cowen lowered its price target on Corindus Vascular Robotics (NYSE: CVRS) to $1.75 (from $2.50) while maintaining a Outperform rating.

Corindus experienced continued clinician interest in the next gen CorPath GRX system but the revenue performance was limited by an unpredictable sales cycle. Management... More