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Enter Symbol:
Atricure, Inc. (ATRC) [hlAlert]

up 44.34 %

Atricure, Inc. (ATRC) rated Buy with price target $30 by Needham

Posted on: Tuesday,  Oct 6, 2015  8:25 AM ET by Needham

Needham rated Buy Atricure, Inc. (NASDAQ: ATRC) on 10/06/2015. Previously Needham rated Buy Atricure, Inc. (NASDAQ: ATRC) on 03/09/2015., when
the stock price was $18.20. Since then, Atricure, Inc. has gained 44.34% as of 01/06/2016's recent price of $26.27.
If you would have followed the previous Needham's recommendation on ATRC, you would have gained 44.34% of your investment in 303 days.

AtriCure, Inc. is a medical device company that develops, manufactures and sells cardiac surgical ablation systems designed to create precise lesions, or scars, in cardiac, or heart, tissue. The Company's primary product line, which accounts for a majority of its revenues, is the AtriCure Isolator system. AtriCure's Isolator system consists primarily of a compact power generator known as an ablation and sensing unit (ASU), a switchbox unit (ASB), which allows physicians to toggle between multiple products and multiple configurations of its Isolator clamps, including its Isolator Synergy clamps. AtriCure also sells a multifunctional bipolar pen, or multifunctional pen, which is often used by physicians in combination with its Isolator system to ablate cardiac tissue and for temporary pacing, sensing, stimulating and recording during the evaluation of cardiac arrhythmias. In 2008, The Company received FDA approval for its EXCLUDE clinical trial.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2015 8:25 AM Buy
20.11 30.00
as of 8/27/2015
1 Week down  -2.52 %
1 Month up  7.66 %
3 Months up  20.00 %
1 YTD up  44.34 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/9/2015 8:25 AM Buy
18.20 21.00

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