Canaccord lowered the firm’s price target on TransMedics to $80 from $99 and keeps a Buy rating on the shares. The firm said they posted yet another strong beat-and-raise with product sales outperforming, but the big upside derived from services but the target reflects comp group compression.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TMDX: