BTIG Sticks to Its Buy Rating for Atricure (ATRC)


BTIG analyst Sean Lavin maintained a Buy rating on Atricure (ATRC) yesterday and set a price target of $35. The company’s shares closed yesterday at $32.20.

According to TipRanks.com, Lavin is a 4-star analyst with an average return of 5.7% and a 56.9% success rate. Lavin covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings Inc, Helius Medical Technologies, and Tactile Systems Technology.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Atricure with a $39 average price target.

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The company has a one-year high of $36.49 and a one-year low of $26.11. Currently, Atricure has an average volume of 174.7K.

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AtriCure, Inc. engages development, manufacture and sale of devices designed primarily for the surgical ablation of cardiac tissue, and systems for the exclusion of the left atrial appendage. Its products include radio Frequency (RF) ablation pacing and sensing, cryo, left atrial appendage management, soft tissue dissection, estech surgical instrumentation, and cart configuration. It operates through the following geographical segments: United States, Europe, Asia, Other International, and Total International. The company was founded by Michael D. Hooven on October 31, 2000 and is headquartered in West Chester, OH.

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