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Fly News Breaks for May 3, 2019
ABMD
May 3, 2019 | 07:03 EDT
SunTrust analyst Bruce Nudell lowered his price target on Abiomed to $340 after its Q4 revenue miss and below-consensus initial top-line forecasts for FY20. The analyst maintains his Buy rating however and calls the stock a "unique investment opportunity" with a bullish view about the prospects for its "temporary mechanical circulatory support" system.
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