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Enter Symbol:
 
Thoratec Corporation (THOR) [hlAlert]

Rating:
Mkt Outperform
THOR
up 84.47 %

Thoratec Corporation (THOR) rated Mkt Outperform with price target $42 by Rodman & Renshaw

Posted on: Friday,  Feb 10, 2012  8:25 AM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Outperform Thoratec Corporation (NASDAQ: THOR) on 02/10/2012, when the stock price was $33.82.
Since then, Thoratec Corporation has gained 84.48% as of 08/27/2015's recent price of $62.39.
If you would have followed this Rodman & Renshaw's recommendation on THOR, you would have gained 84.47% of your investment in 1294 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.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2012 8:25 AM Buy
None
33.82 42.00
as of 12/31/2012
1 Week down  -0.68 %
1 Month up  0.86 %
3 Months up  8.43 %
1 YTD up  11.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2010 8:25 AM Buy
None
34.03 37.00
5/3/2010 9:25 AM Hold
None
42.44
1/8/2010 9:25 AM Buy
None
25.68 35.00

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