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Enter Symbol:
 
Thoratec Corporation (THOR) [hlAlert]

Rating:
Hold THOR
down 1.85 %

Thoratec Corporation (THOR) downgraded to Hold with price target $63.50 by Canaccord Genuity

Posted on: Wednesday,  Aug 5, 2015  11:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Hold Thoratec Corporation (NASDAQ: THOR) on 08/05/2015. Previously Canaccord Genuity rated Buy Thoratec Corporation (NASDAQ: THOR) on 07/23/2015.,
when the stock price was $63.21. Since then, Thoratec Corporation has lost 1.85% as of 08/05/2015's recent price of $62.04.
If you would have followed the previous Canaccord Genuity's recommendation on THOR, you would have lost 1.85% of your investment in 13 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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2015 11:25 AM Hold
None
62.04 63.50
as of 8/27/2015
1 Week   
1 Month up  35.90 %
3 Months up  38.48 %
1 YTD down  -1.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2015 9:25 AM Buy
None
63.21 63.50
2/27/2015 12:25 PM Buy
None
40.83 46.00
2/9/2015 10:25 AM Buy
None
35.73 39.00
12/1/2014 9:25 AM Buy
None
31.70 36.00

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