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Enter Symbol:
Micrus Endovascular Corporation (MEND) [hlAlert]

up 13.63 %

Micrus Endovascular Corporation (MEND) rated Outperform with price target $18 by Northland Securities

Posted on: Tuesday,  Jun 17, 2008  9:25 AM ET by Northland Securities

Northland Securities rated Outperform Micrus Endovascular Corporation (NASDAQ: MEND) on 06/17/2008, when the stock price was $13.20. Since
then, Micrus Endovascular Corporation has gained 13.64% as of 09/27/2010's recent price of $15.00.
If you would have followed this Northland Securities's recommendation on MEND, you would have gained 13.63% of your investment in 832 days.

Micrus Endovascular Corporation develops, manufactures and markets implantable and disposable medical devices used in the treatment of cerebral vascular diseases. Its products are used by interventional neuroradiologists, interventional neurologists and endovascular trained neurosurgeons to treat cerebral aneurysms responsible for hemorrhagic stroke and intracranial atherosclerosis, which may lead to ischemic stroke. Its product lines consist of endovascular devices that enable a physician to gain access to the brain in a minimally invasive manner through the vessels of the arterial system. Its line of embolic coils anatomically conform and deploy within an aneurysm, forming a scaffold and filling that conforms to a diversity of aneurysm shapes and sizes. In addition, its Cerecyte microcoil product line incorporates bioactive filaments of an absorbable material called polyglycolic acid (PGA), which reside within the central lumen of its microcoils.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/17/2008 9:25 AM Buy
13.20 18.00
as of 12/24/2008
1 Week down  -5.18 %
1 Month up  15.52 %
3 Months down  -41.17 %
1 YTD down  -44.87 %

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