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Enter Symbol:
Thoratec Corporation (THOR) [hlAlert]

up 16.79 %

Thoratec Corporation (THOR) downgraded to Hold with price target $30 by Auriga U.S.A

Posted on: Wednesday,  May 4, 2011  8:25 AM ET by Auriga U.S.A

Auriga U.S.A rated Hold Thoratec Corporation (NASDAQ: THOR) on 05/04/2011. Previously Auriga U.S.A rated Buy Thoratec Corporation (NASDAQ: THOR) on 02/07/2011.,
when the stock price was $26.20. Since then, Thoratec Corporation has gained 16.79% as of 05/04/2011's recent price of $30.60.
If you would have followed the previous Auriga U.S.A's recommendation on THOR, you would have gained 16.79% of your investment in 86 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.

Auriga is committed to providing our clients with market information flow, investment ideas and access to industry experts. We strive to provide value through unique industry knowledge. Our growing research practice is being built with domain experts who have a strong reputation amongst institutional investors. Auriga’s research analysts have also been recognized by numerous industry publications including, The Wall Street Journal and Bloomberg. Our bottom-up fundamental approach is data point driven with a primary focus on growth sectors within the technology and healthcare verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/4/2011 8:25 AM Hold
30.60 30.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  16.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2011 8:25 AM Buy
26.20 30.00
11/11/2010 8:25 AM Hold
30.70 29.00
6/24/2010 8:25 AM Buy
43.68 52.00
9/28/2009 8:25 AM Buy
30.62 40.00

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