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August 7, 2014
07:31 EDTTHORThoratec long-term opportunity remains intact, says Leerink
Leerink believes Thoratec's long-term market opportunity remains intact despite the company's disappointing Q2 results. The firm reiterates an Outperform rating on the stock, but notes shares are likely to be range-bound in the near-term. Leerink lowered it s price target for the name to $35 from $40. Thoratec was downgraded this morning at Credit Suisse and Goldman Sachs.
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