AtriCure to Participate in the 2024 Bank of America Securities Healthcare Conference

Go back to AtriCure to Participate in the 2024 Bank of America Securities Healthcare Conference

AtriCure Inc. (ATRC) PT Lowered to $58 at BTIG

May 2, 2024 5:25 AM EDT

BTIG analyst Marie Thibault lowered the price target on AtriCure Inc. (NASDAQ: ATRC) to $58.00 (from $65.00) while maintaining a Buy rating.

The analyst comments "AtriCure reported Q1 revenue of $108.9M (+16.4% y/y rep, +16.3% y/y cc), above consensus of $106.9M. U.S. Q1 revenue was $90.2M (+15.4% y/y), slightly higher than consensus of $89.5M, and International revenue of $18.6M (+21.5% y/y rep, +21.1% y/y cc) beat consensus of $17.4M. The closely watched U.S. Appendage Management segment reported $35.9M (+11% y/y) in Q1 sales, missing consensus... More