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Fly News Breaks for October 11, 2018
ATRC
Oct 11, 2018 | 05:24 EDT
Piper Jaffray analyst Matt O'Brien says AtriCure's recent 2.5M share secondary offering cleans up the balance sheet and brings flexibility for business needs. The analyst would not be surprised to see 2018 numbers came in ahead of expectations and views the stock's current valuation as "reasonable." O'Brien encourages investors to start positions at current levels and keeps an Overweight rating on AtriCure with a $36 price target.
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