Northland Securities Initiates Neovasc With Outperform

Northland Securities initiated coverage on Neovasc Inc. (NASDAQ: NVCN) with a Outperform rating, according to sources.

The target price for Neovasc is set to $12.

Neovasc shares have gained 42.18% over the past 52 weeks, while the S&P 500 index has surged 11.42% in the same period.

Neovasc shares rose 1.01% to close at $9.00 yesterday.