Credit Suisse Downgrades Thoratec (THOR) to Neutral

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Northland Capital Markets Downgrades Thoratec (THOR) to Market Perform

August 11, 2014 7:17 AM EDT

Northland Capital Markets downgraded Thoratec (NASDAQ: THOR) from Outperform to Market Perform with a price target of $26.00 (from $46.00).

Analyst Suraj Kalia said, "THOR Q2 results epitomized poor tactical execution & clinical messaging in the field.... More

BofA/Merrill Lynch Downgrades Thoratec (THOR) to Neutral; Widespread Bad News

August 7, 2014 2:38 PM EDT

BofA/Merrill Lynch downgraded Thoratec (NASDAQ: THOR) from Buy to Neutral with a price target of $25.00 (from $41.00), saying the bad news was widespread in Q2.

Analyst Bob Hopkins noted weak LVAD market growth of only 1%, share losses to HTWR, turnover in... More

BTIG Downgrades Thoratec (THOR) to Neutral (Earlier)

August 7, 2014 10:54 AM EDT

BTIG downgraded Thoratec (NASDAQ: THOR) from Buy to Neutral. Analyst Sean Lavin said Thoratec 'dropped a bomb' with its large Q2 miss and reduced guidance.

"We are stunned by THORs results and feel the drastic reduction in guidance point to deeper problems than... More

Goldman Sachs Downgrades Thoratec (THOR) to Neutral

August 7, 2014 7:08 AM EDT

Goldman Sachs downgraded Thoratec (NASDAQ: THOR) from Buy to Neutral with a price target of $28.00 (from $38.00).

Analyst David H. Roman said, "Given these results and revised forward outlook, we are downgrading shares of Thoratec (THOR) from Buy to Neutral and reduce our... More

Thoratec Corp (THOR) Reports In-Line Q2 EPS, FY14 Guidance Misses Views

August 6, 2014 4:06 PM EDT

Thoratec Corp (NASDAQ: THOR) reported Q2 EPS of $0.43, in-line with the analyst estimate of $0.43. Revenue for the quarter came in at $118.1 million versus the consensus estimate of $128.3 million.

The HeartMate® product line contributed $102.0 million, a decrease of 12 percent while the CentriMag product line contributed $13.1 million, an increase of... More