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Enter Symbol:
 
HEARTWARE (HTWR) [hlAlert]

Rating:
Neutral HTWR

HEARTWARE (HTWR) rated Neutral by Credit Suisse

Posted on: Monday,  May 6, 2013  8:25 AM ET by Credit Suisse

HEARTWARE (NASDAQ: HTWR)
rated Neutral by Credit Suisse.

HeartWare International, Inc. (HeartWare), formerly HeartWare Limited, along with its subsidiaries, is a medical device company focused on developing small implantable pumps for the treatment of advanced heart failure. The Company?s product, the HeartWare Ventricular Assist System (the HeartWare System), includes a left ventricular assist device (LVAD), related accessories and surgical tools and is designed to provide circulatory support for patients with advanced heart failure. The core of the HeartWare System is a continuous flow blood pump, ventricular assist device (the HVAD Pump), a full-output device capable of pumping up to 10 liters of blood per minute. In January 2009, the HeartWare System received Conformite Europeene (CE) Marking, which allows for commercial sales in Europe and is the subject of an ongoing United States bridge-to-transplant clinical trial under an investigational device exemption (IDE) granted by the Food and Drug Administration of United States (FDA).

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/9/2013 8:25 AM Buy
None
87.21
as of 12/13/2013
1 Week down  -4.36 %
1 Month up  1.69 %
3 Months up  17.27 %
1 YTD up  4.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2013 8:25 AM Hold
None
92.85

(*) Stock Price at the time of the recommendation.
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