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BTIG Says Buy The Dip In Medtronic
Tuesday, January 15, 2019 - 4:00pm | 381Shares of medical technology company Medtronic PLC (NYSE: MDT) were flirting with the $100 per share mark for parts of 2018, but have since come down to a level that should be taken advantage of by investors, according to BTIG. The Analyst Analyst Sean Lavin upgraded Medtronic from...
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BTIG Turns Neutral On TransEnterix, Says Stock Rally Unsupported By Fundamentals
Thursday, June 28, 2018 - 12:25pm | 380Transenterix Inc (NYSE: TRXC) shares have spiked 50 percent in the last week, 71 percent in the last month and 734 percent in the last year. But one analyst senses diminishing momentum. The Rating BTIG analyst Sean Lavin downgraded TransEnterix to Neutral and withdrew his price target. The...
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Tactile Systems' Valuation Is 'Getting Stretched,' BTIG Says In Downgrade
Monday, June 4, 2018 - 9:39am | 378After doubling in value over the past seven months alone, shares of Tactile Systems Technology Inc (NASDAQ: TCMD) are trading at a "stretched" valuation despite expectations for continued growth ahead, according to BTIG. The Analyst BTIG's Sean Lavin downgraded Tactile Systems...
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BTIG Expects 55% Upside In Exact Sciences
Tuesday, April 3, 2018 - 3:38pm | 414The 35-percent sell-off in shares of EXACT Sciences Corporation (NASDAQ: EXAS) offer an attractive entry point, according to BTIG Research. The molecular diagnostics product company's main product is Cologuard, which is used to detect colorectal cancer. The Analyst Analyst Sean...
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Insulet Downgraded Despite Expectations For Strong Performance
Monday, July 17, 2017 - 10:17am | 259After a strong run that sent shares of Insulet Corporation (NASDAQ: PODD) up 50 percent over the last year, BTIG analyst Sean Lavin finally sees shares as fairly valued. This pushed him to downgrade Insulet to a Neutral rating. “We do not feel a reasonable revenue multiple would provide us...
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Analyst On Endologix: No Sense In Downgrading Now
Thursday, May 18, 2017 - 10:45am | 593Endologix, Inc. (NASDAQ: ELGX) announced on Thursday after the market close that it needs to conduct a confirmatory clinical trial for its Nellix Endovascular Aneurysm Sealing System with the previously updated instructions for use and the Gen2 device design. This follows the company's meeting...
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Insulet: 'Results Have Been Stellar But So Has The Share Reaction'
Monday, March 6, 2017 - 10:52am | 299Shares of Insulet Corporation (NASDAQ: PODD) responded positively to the company’s solid results and guidance. The current share price reflects optimism around a Medicare coverage decision and could decline if the decision does not come soon, BTIG’s Sean Lavin said in a report. He...
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The MedTech Group: 2017 Top Picks And Catalysts
Friday, January 6, 2017 - 11:35am | 1071Over the past year, the gap between MedTech stocks and the S&P index has narrowed significantly, and these are currently trading near parity as compared to the ~12 percent premium at which MedTech names traded a year earlier, BTIG’s Sean Lavin said in a report. MedTech stocks have been...
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BTIG On Organovo: '3D Bioprinting Addresses Multiple Potential Markets With Large Opportunities'
Thursday, December 15, 2016 - 10:42am | 330BTIG’s Sean Lavin sees Organovo Holdings Inc (NASDAQ: ONVO) as a long-term investment “with multiple opportunities”. Lavin initiated coverage of the company with a Buy rating and price target of $5. Multiple Opportunities The analyst mentioned that the markets for liver and kidney...
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Here's Every Sell-Side Rating Following iRhythm's IPO Quiet Period Expiration
Monday, November 14, 2016 - 1:49pm | 514The quiet period surrounding Irhythm Technologies Inc (NASDAQ: IRTC)'s stock has now ended after its fantastic IPO debut, so research firms are free to now evaluate the stock and issue their opinions. Here is a summary of some of the research reports, which were made available for the first time on...
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Investors Can Find A Compelling Entry Point In NeoGenomics After Recent Weakness
Thursday, October 27, 2016 - 10:09am | 359Shares of NeoGenomics, Inc. (NASDAQ: NEO) have been under significant pressure over the past few months, while the company’s Q3 results reflected “strong execution, steady fundamentals and improved cash positioning – all of which offer potential upside, in our view,” BTIG...
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BTIG Moves To Neutral On DexCom, But Says Shares Are Not Overvalued
Wednesday, September 14, 2016 - 10:01am | 346BTIG cut DexCom, Inc. (NASDAQ: DXCM) to Neutral from Buy, as the shares have reached its $92 price target. The firm added that the company must focus on profitability "for a sustained run well above $100." "While we do not think shares are overvalued and could argue for a bit more upside as revenue...
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Tactile Systems Likely To Expand Sales And Marketing Effort Says BTIG
Monday, August 22, 2016 - 9:30am | 285While Tactile Systems Technology Inc (NASDAQ: TCMD) has built a profitable platform with a strong sales and marketing channel and solid reimbursement relationships, the company is likely to deploy its recently acquired funds to boost sales and marketing for spurring further sales growth, BTIG...
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NeoGenomics Shares Nearing Full Valuation In BTIG's View
Wednesday, July 27, 2016 - 10:54am | 365Although BTIG’s Sean Lavin sees the current valuation of NeoGenomics, Inc. (NASDAQ: NEO) shares as fair, there do not appear to be sufficient near-term catalysts to drive any significant upside to the stock. Lavin downgraded the rating on the company from Buy to Hold. Limited Upside “...
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BTIG On Exact Sciences Leak: Final Task Force Stance Could Lead To Routine Reimbursement More Quickly
Wednesday, June 15, 2016 - 7:39am | 291EXACT Sciences Corporation (NASDAQ: EXAS) shares spiked 34 percent on Tuesday, following a JAMA [The Journal of the American Medical Association] article meant for release on June 21 being leaked. BTIG’s Sean Lavin maintained a Buy rating for the company, with a $9 price target. The analyst...