Heartware (HTWR) to Acquire Valtech Cardio

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Canaccord Genuity Remains Bullish on Heartware (HTWR) Following Agreement to Acquire Valtech Cardio

September 2, 2015 9:32 AM UTC

Canaccord Genuity maintained a Buy rating and $106.00 price target on Heartware Int'l (NASDAQ: HTWR) following the company's agreement to acquire privately held Valtech Cardio. Analyst Jason Mills said that this is the type of deal to which investors commonly overreact; but once the dust settles, he would be a buyer of this stock.

Mills commented, "HeartWares agreement to acquire... More

Heartware International's (HTWR) Valtech Cardio Acquisition Doesn't Make Sense, Says Northland

September 2, 2015 9:18 AM UTC

Northland Capital Markets maintained an Underperform rating on Heartware International (NASDAQ: HTWR) with a price target of $60. Analyst Suraj Kalia said the company's acquisition of Valtech Cardio does not makes sense.

Kalia explained, "Valtech is a pre-revenue company developing surgical & transcatheter mitral repair / replacement... More

Raymond James Downgrades Heartware (HTWR) to Market Perform

September 2, 2015 8:36 AM UTC

Raymond James downgraded Heartware Int'l (NASDAQ: HTWR) from Outperform to Market Perform and removed its price target (prior $102.00).

For an analyst ratings summary and ratings history on Heartware Int'l click here. For more ratings news on Heartware Int'l click here.

Shares of Heartware Int'l closed at $81.81 yesterday.

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BTIG Downgrades Heartware Int'l (HTWR) to Neutral

September 2, 2015 8:13 AM UTC

BTIG downgraded Heartware Int'l (NASDAQ: HTWR) from Buy to Neutral. The change follows its acquisition of Valtech.

"While we understand the rationale of this acquisition and it may prove to be a strong asset over the next 3-5 years, we anticipate there... More