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up 36.50 %

HEARTWARE (HTWR) rated Outperform with price target $100 by Wedbush

Posted on: Wednesday,  Dec 29, 2010  9:25 AM ET by Wedbush

Wedbush rated Outperform HEARTWARE (NASDAQ: HTWR) on 12/29/2010. Previously Wedbush rated Outperform HEARTWARE (NASDAQ: HTWR) on 07/26/2010., when
the stock price was $63.28. Since then, HEARTWARE has gained 36.50% as of 01/28/2016's recent price of $86.38.
If you would have followed the previous Wedbush 's recommendation on HTWR, you would have gained 36.5% of your investment in 2012 days.

HeartWare International, Inc. (HeartWare), formerly HeartWare Limited, along with its subsidiaries, is a medical device company focused on developing small implantable pumps for the treatment of advanced heart failure. The Company?s product, the HeartWare Ventricular Assist System (the HeartWare System), includes a left ventricular assist device (LVAD), related accessories and surgical tools and is designed to provide circulatory support for patients with advanced heart failure. The core of the HeartWare System is a continuous flow blood pump, ventricular assist device (the HVAD Pump), a full-output device capable of pumping up to 10 liters of blood per minute. In January 2009, the HeartWare System received Conformite Europeene (CE) Marking, which allows for commercial sales in Europe and is the subject of an ongoing United States bridge-to-transplant clinical trial under an investigational device exemption (IDE) granted by the Food and Drug Administration of United States (FDA).

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/29/2010 9:25 AM Buy
88.65 100.00
as of 12/31/2010
1 Week up  5.74 %
1 Month up  0.13 %
3 Months up  33.91 %
1 YTD up  3.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2010 9:25 AM Buy
88.85 80.00
7/26/2010 9:25 AM Buy
63.28 73.00

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