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HAE

Haemonetics

$101.19

-0.32 (-0.32%)

08:33
12/19/18
12/19
08:33
12/19/18
08:33

Haemonetics to relocate headquarters to Boston

Haemonetics Corporation announced that the company will be relocating its global headquarters to downtown Boston from its current location in Braintree, Massachusetts. Haemonetics' new headquarters will occupy over 62,000 square feet at 125 Summer Street. Haemonetics announced plans to move its global headquarters to 125 Summer Street in downtown Boston. The new Boston headquarters will enable Haemonetics to right-size its footprint by selling its 40-acre campus in Braintree and will provide a sustainable, contemporary workplace, including dedicated lab and research space, to support the company's collaborative, performance-driven culture. The company's corporate and commercial teams will sit side by side with its research and development organizations. The company has signed a multiyear lease through 2032 and expects to have employees located across four floors of the 495,000 square foot LEED and Energy Star certified office tower. The move to the new location is expected to commence within the next year. With approximately 3,000 global employees, Haemonetics expects to move its more than 200 headquarters based positions to the new location.

HAE Haemonetics
$101.19

-0.32 (-0.32%)

08/09/18
BRRR
08/09/18
NO CHANGE
Target $118
BRRR
Outperform
Haemonetics price target raised to $118 from $90 at Barrington
Barrington analyst Michael Petusky raised his price target for Haemonetics to $118 citing the "strong" Q1 results and increasing confidence that the company is executing against its key strategic goals. He believes NexSys conversion appears on track and keeps an Outperform rating on the shares.
08/08/18
JEFF
08/08/18
NO CHANGE
Target $125
JEFF
Buy
Haemonetics price target raised to $125 from $110 at Jefferies
Jefferies analyst Anthony Petrone raised his price target for Haemonetics to $125 following the company's Q1 results. The plasma growth surge was driven largely by an uptick in volumes that is expected to continue, Petrone tells investors in a research note. The analyst sees upside to over $150 per share on the "rapid uptake of NexSys on favorable terms." He keeps a Buy rating on Haemonetics.
06/14/18
JEFF
06/14/18
NO CHANGE
Target $110
JEFF
Buy
Haemonetics price target raised to $110 from $95 at Jefferies
Jefferies analyst Anthony Petrone raised his price target for Haemonetics to $110 after attending the global plasma meeting PPTA. Octapharma has selected a vendor which supports Haemonetics' fiscal 2019 guidance comments, Petrone tells investors in a research note. Further, his conversations at the conference confirmed that NexSys is being offered at a premium to PCS but also versus competition. The analyst sees a path to $140-$150 for shares over time and keeps a Buy rating on Haemonetics.
05/09/18
BRRR
05/09/18
NO CHANGE
Target $90
BRRR
Outperform
Haemonetics price target raised to $90 from $71 at Barrington
Barrington analyst Michael Petusky raised his price target for Haemonetics to $90 citing the company's "solid" Q4 results and "strong" fiscal 2019 guidance. The analyst has increasing confidence that Haemonetics is executing against its key strategic goals. He keeps an Outperform rating on the shares.

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