Morgan Stanley has published a report on Edwards Lifesciences EW.
In the report, Morgan Stanley wrote, "The SAPIEN FDA panel was in line with the expectations we set forth heading into the meeting, but clearly the consensus debate narrowed rapidly and has pressured EW shares. In this note, we outline the key issues surrounding the stock and offer a series of scenarios to better understand whether recent share price volatility creates an opportunity. Heading into the panel, we laid out the issues on trajectory and market size in our piece It's Not About The Docs and feel post the panel that expectations have to a certain extent adjusted accordingly, albeit faster than we expected."
Morgan Stanley rated Edwards Lifesciences an Equal-weight with no price target. Edwards Lifesciences closed Friday at $77.91.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorAnalyst RatingsEdwards LifesciencesHealth CareHealth Care EquipmentMorgan Stanley
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in