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Enter Symbol:
CardioNet Inc. (BEAT) [hlAlert]

up 128.66 %

CardioNet Inc. (BEAT) upgraded to Outperform by Leerink Swann

Posted on: Wednesday,  Dec 16, 2009  9:25 AM ET by Leerink Swann

Leerink Swann rated Outperform CardioNet Inc. (NASDAQ: BEAT) on 12/16/2009, when the stock price was $6.35.
Since then, CardioNet Inc. has gained 128.66% as of 01/21/2016's recent price of $14.52.
If you would have followed this Leerink Swann 's recommendation on BEAT, you would have gained 128.66% of your investment in 2227 days.

CardioNet, Inc. (CardioNet), provides continuous, real-time ambulatory outpatient management solutions for monitoring relevant and timely clinical information regarding an individual's health. The Company has developed an integrated patient monitoring platform that incorporates a wireless data transmission network, internally developed software, the United States Food and Drug Administration (FDA)-cleared algorithms and medical devices, and an around-the-clock digital monitoring service center. Its initial efforts are focused on the diagnosis and monitoring of cardiac arrhythmias, or heart rhythm disorders, through its core Mobile Cardiac Outpatient Telemetry (MCOT), event and Holter services.

Leerink Swann Equity Research provides unique perspectives and agenda-setting healthcare recommendations for investors. Supported by industry-based intelligence and thorough market examination, our proprietary research enables our clients to make well-informed healthcare investment decisions. Our investment perspectives are driven by proprietary insights from MEDACorp. MEDACorp's more than 25,000 network professionals work with new and/or development-stage pharmaceuticals, medical devices and biotherapeutics on a daily basis. MEDACorp's extensive knowledge of products and research enables Leerink Swann to provide growth-focused clients an expertise earned through experience.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/16/2009 9:25 AM Buy
as of 12/31/2009
1 Week down  -23.72 %
1 Month down  -29.60 %
3 Months down  -29.60 %
1 YTD down  -106.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/13/2009 9:25 AM Hold
2/18/2009 8:25 AM Buy
24.30 35.00
8/18/2008 8:25 AM Buy
30.60 42.00

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