Edwards Lifesciences (EW) Pre-announces Disappointing Revenue

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Canaccord Genuity Defends Edwards Lifesciences (EW)

October 9, 2012 10:55 AM EDT

Canaccord Genuity maintained a Buy on Edwards Lifesciences (NYSE: EW) but cut its price target to $109.00 (from $123.00).

Yesterday after the close, Edwards Lifesciences reported revenue that disappointed the street and transcatheter heart valve sales that were below expectations.
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RBC Capital Downgrades Edwards Lifesciences (EW) to Outperform after Warning

October 9, 2012 6:54 AM EDT

RBC Capital downgraded Edwards Lifesciences (NYSE: EW) from Top Pick to Outperform with a price target of $102.00 (from $105.00) after last night's third quarter warning.
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Edwards Lifesciences (EW) Rivals on Watch after Q3 Warning

October 8, 2012 5:26 PM EDT

A number of rivals to Edwards Lifesciences Corp. (NYSE: EW) are on watch after-hours Monday after the company warned for the third quarter.

Edwards Lifesciences estimates total sales of $448 million for the quarter ended September 30, 2012. The consensus revenue estimates was for $476.56 million.... More