BTIG Sticks to Their Hold Rating for Abiomed (ABMD)


In a report released today, Marie Thibault from BTIG maintained a Hold rating on Abiomed (ABMD). The company’s shares closed last Thursday at $322.58.

According to TipRanks.com, Thibault is a 5-star analyst with an average return of 70.3% and a 62.0% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Irhythm Technologies, and Edwards Lifesciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Abiomed with a $425.00 average price target, representing a 21.7% upside. In a report issued on April 27, Raymond James also maintained a Hold rating on the stock.

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The company has a one-year high of $387.40 and a one-year low of $161.00. Currently, Abiomed has an average volume of 286.8K.

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ABIOMED, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. It distributes its products under the Impella brand. The company was founded in 1981 and is headquartered in Danvers, MA.

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