What: Shares of medical device manufacturer Thoratec
So what: After the market closed on Friday, Thoratec competitor HeartWare
Now what: For obvious reasons, this is all potentially good news for Thoratec, as it may now have more time to build the HeartMate II's footprint before it has to deal with competition from HeartWare. Wall Street also helped bolster the excitement today as an analyst at Lazard noted that it increased its pump-sales forecast for Thoratec, while an analyst at Leerink Swann boosted the company's shares to "outperform."
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