HeartWare International PT Lowered to $89.00 (HTWR)
Analysts at Oppenheimer lowered their price objective on shares of HeartWare International (NASDAQ:HTWR) from $95.00 to $89.00 in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. The firm currently has a “market perform” rating on the stock. Oppenheimer’s price objective suggests a potential upside of 27.16% from the company’s current price.
HeartWare International (NASDAQ:HTWR) opened at 69.99 on Monday. HeartWare International has a 52 week low of $69.53 and a 52 week high of $99.68. The stock has a 50-day moving average of $77.19 and a 200-day moving average of $87.72. The company’s market cap is $1.151 billion.
HeartWare International (NASDAQ:HTWR) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.79) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.73) by $0.06.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James cut their price target on shares of HeartWare International from $110.00 to $100.00 in a research note to investors on Monday, August 12th. Separately, analysts at Canaccord Genuity cut their price target on shares of HeartWare International from $118.00 to $110.00 in a research note to investors on Friday, August 9th. They now have a “buy” rating on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of HeartWare International in a research note to investors on Friday, August 9th. They now have a $100.00 price target on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $93.17.
Heartware International, Inc (NASDAQ:HTWR) develops and manufactures small implantable heart pumps, or ventricular assist devices, for the treatment of advanced heart failure.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.