LivaNova plc (LIVN) Misses Q1 EPS by 3c, Revenues Miss; FY19 EPS Guidance Below Consensus

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Go back to LivaNova plc (LIVN) Misses Q1 EPS by 3c, Revenues Miss; FY19 EPS Guidance Below Consensus

Livanova (LIVN) PT Lowered to $87 at Needham & Company

May 1, 2019 12:10 PM EDT

Needham & Company analyst Mike Matson lowered the price target on Livanova (NASDAQ: LIVN) to $87.00 (from $100.00) while maintaining a Buy rating.

The analyst commented, "LIVN's 1Q19 revenue was consistent with its preannouncement and its EPS was below consensus. As expected, management lowered its 2019 revenue... More