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Enter Symbol:
 
Thoratec Corporation (THOR) [hlAlert]

Rating:
Neutral THOR
up 12.33 %

Thoratec Corporation (THOR) downgraded to Neutral with price target $33 by Wedbush

Posted on: Wednesday,  Jan 12, 2011  1:25 PM ET by Wedbush

Wedbush rated Neutral Thoratec Corporation (NASDAQ: THOR) on 01/12/2011. Previously Wedbush rated Outperform Thoratec Corporation (NASDAQ: THOR) on 11/17/2010.,
when the stock price was $25.62. Since then, Thoratec Corporation has gained 12.33% as of 01/12/2011's recent price of $28.78.
If you would have followed the previous Wedbush 's recommendation on THOR, you would have gained 12.33% of your investment in 56 days.

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.

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
1/12/2011 1:25 PM Hold
None
28.78 33.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  1.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2010 9:25 AM Buy
None
25.62 35.00
7/30/2010 9:25 AM Buy
None
35.66 49.00
4/30/2010 9:25 AM Buy
None
43.34 50.00
4/27/2010 1:25 PM Buy
None
35.87 42.00
3/31/2010 9:25 AM Buy
None
33.85 36.00

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