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Enter Symbol:
 
Thoratec Corporation (THOR) [hlAlert]

Rating:
Outperform
THOR
up 66.50 %

Thoratec Corporation (THOR) upgraded to Outperform by Credit Suisse

Posted on: Friday,  Aug 9, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Thoratec Corporation (NASDAQ: THOR) on 08/09/2013, when the stock price was $37.47. Since
then, Thoratec Corporation has gained 66.51% as of 08/27/2015's recent price of $62.39.
If you would have followed this Credit Suisse's recommendation on THOR, you would have gained 66.5% of your investment in 748 days.

Thoratec Corporation (Thoratec) is a manufacturer of mechanical circulatory support products for use by patients with heart failure (HF). The Company develops, manufactures and markets medical devices used for circulatory support. It also develops, manufactures and markets point-of-care diagnostic test systems and skin incision products. Thoratec operates in two operating divisions: Cardiovascular and International Technidyne Corporation (ITC), a wholly owned subsidiary. The Cardiovascular segment develops, manufactures and markets medical devices used for mechanical circulatory support (MCS). ITC designs, develops, manufactures and markets point-of-care diagnostic test systems and incision products. The Company conducts business both in the United States and internationally.

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
37.47
as of 12/13/2013
1 Week down  -6.58 %
1 Month down  -16.01 %
3 Months down  -1.85 %
1 YTD down  -3.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2013 8:25 AM Hold
None
33.02

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