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Enter Symbol:
 
Thoratec Corporation (THOR) [hlAlert]

Rating:
Neutral THOR
down 17.55 %

Thoratec Corporation (THOR) downgraded to Neutral with price target $28 by Robert W. Baird

Posted on: Friday,  Jan 28, 2011  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Thoratec Corporation (NASDAQ: THOR) on 01/28/2011. Previously Robert W. Baird rated Outperform Thoratec Corporation (NASDAQ: THOR) on
01/04/2010., when the stock price was $27.97. Since then, Thoratec Corporation has lost 17.55% as of 01/28/2011's recent price of $23.06.
If you would have followed the previous Robert W. Baird's recommendation on THOR, you would have lost 17.55% of your investment in 389 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2011 8:25 AM Hold
None
23.06 28.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD down  -18.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2010 8:25 AM Buy
None
27.97 38.00
9/4/2009 8:25 AM Hold
None
26.14 28.00

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