Edwards Lifesciences Upgraded On TAVR Market Revival

By | May 12, 2015

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Edwards Lifesciences (EW) was up 4% early Tuesday after JPMorgan upgraded the stock to overweight from neutral, saying that its fundamentals are strong despite a recent market slowdown and increased competition from Medtronic (MDT). Analyst Michael Weinstein wrote in a research note that Edwards stock has fallen back from its March high on concerns of a slowdown in the transcatheter aortic valve replacement (TAVR) market. Last year the market grew Scalper1 News

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