Canaccord analyst William Plovanic raised the firm’s price target on AtriCure (ATRC) to $53 from $51 and keeps a Buy rating on the shares. The firm said they reported a very solid Q2, with strength across the rest of the business more than offsetting further degradation of US EPi-Sense/Hybrid. The target increase reflects comp group multiple expansion and increased expectations.
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Read More on ATRC:
- Atricure’s Strong Financial Performance and Growth Prospects Justify Buy Rating
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- AtriCure cuts FY25 EPS view to (39c)-(34c) from (55c)-(50c), consensus (51c)
- ATRC Earnings this Week: How Will it Perform?
