Cyberonics and Sorin Provide Merger Update
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Canaccord Genuity Raises Price Target on Cyberonics (CYBX) Following a 10c EPS Beat
August 21, 2015 9:09 AM EDTCanaccord Genuity reiterated a Hold rating on Cyberonics (NASDAQ: CYBX), and raised the price target to $67.00 (from $65.00), following the company's 1Q16 earnings results. Net sales of $81.0M beat Street's $76.78M estimates. Adjusted EPS of $0.72 came in above the Streets $0.62 projection.
Analyst Jason Mills commented, "Cyberonics reported solid FQ1/16 results that rebounded from several quarters of slowing growth as momentum returned to the U.S. business, driven by... More
Cyberonics (CYBX) Gains on Strong Q1 Results Amid Slight Delay to Merger Completion - BTIG
August 20, 2015 11:44 AM EDTBTIG affirms Cyberonics (Nasdaq: CYBX) with a Neutral rating following Q1 results and merger update.
Analyst Sean Lavin noted that Cyberonics expects to close its... More
Cyberonics (CYBX) Tops Q1 EPS by 10c
August 20, 2015 7:01 AM EDTCyberonics (NASDAQ: CYBX) reported Q1 EPS of $0.72, $0.10 better than the analyst estimate of $0.62. Revenue for the quarter came in at $81 million versus the consensus estimate of $76.78 million.
For earnings history and earnings-related data on Cyberonics (CYBX) click here.
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