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Enter Symbol:
 
Thoratec Corporation (THOR) [hlAlert]

Rating:
Sector Perform
THOR

Thoratec Corporation (THOR) rated Sector Perform with price target $21 by RBC Capital Mkts

Posted on: Friday,  Aug 1, 2008  8:25 AM ET by RBC Capital Mkts

Thoratec (THOR) rated Sector
Perform with price target $21 by RBC Capital Mkts.

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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2008 8:25 AM Hold
None
23.12 21.00
as of 12/24/2008
1 Week down  -1.22 %
1 Month up  10.70 %
3 Months down  -12.00 %
1 YTD down  -17.91 %

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