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0 0.0131195335276968 0.0626822157434402 0.0612244897959184 0.0211370262390671 0.00510204081632655 0.0276967930029155 0.0634110787172012
Stock impact report

AngioDynamics upgraded at Oppenheimer on pipeline progress [Seeking Alpha]

AngioDynamics, Inc. (ANGO) 
Last angiodynamics, inc. earnings: 4/7 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Perform, citing the FDA's recent decision to expand the use of its AlphaVac F18 medical device. After the FDA approved the clot-clearing device for pulmonary embolism in addition to its current indication for venous thromboembolism, AngioDynamics ( ANGO ) shares closed ~5% higher on Thursday. As reasons for the upgrade, Oppenheimer's Steven Lichtman cited earlier-than-expected FDA clearance, the company's recent patent settlement with Becton, Dickinson ( BDX ), and its more robust financial position after recent non-core divestments. "While competition in ANGO's core market remains stiff, new pipeline products are close to contributing, the company has strengthened its balance sheet, and the shares trade at less than 1x FY25E EV/sales," Lichtman wrote. Oppenheimer issued a $12 per share target on the stock. Recommended For You More Trending News Recommended For You More Trending News About ANGO Stock Related Stocks Trending Analysis Trending News Show less Read more
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