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Thoratec Corporation (THOR) [hlAlert]

Rating:
Hold THOR

Thoratec Corporation (THOR) rated Hold by Stifel Nicolaus

Posted on: Thursday,  Nov 13, 2008  8:25 AM ET by Stifel Nicolaus

Thoratec (THOR)
rated Hold by Stifel Nicolaus.

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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2008 8:25 AM Hold
None
23.09
as of 12/24/2008
1 Week down  -1.22 %
1 Month up  10.70 %
3 Months down  -17.91 %
1 YTD down  -17.91 %

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