Sunshine Heart Price Target Cut to $12.00 (SSH)

Equities research analysts at Oppenheimer cut their price target on shares ofSunshine Heart (NASDAQ:SSH) from $14.00 to $12.00 in a research note issued to investors on Wednesday. The firm currently has an “outperform” rating on the stock. Oppenheimer’s target price indicates a potential upside of 202.27% from the stock’s previous close.

Sunshine Heart (NASDAQ:SSH) traded up 2.52% on Wednesday, hitting $4.07. The stock had a trading volume of 161,203 shares. Sunshine Heart has a 52-week low of $3.49 and a 52-week high of $6.90. The stock’s 50-day moving average is $4. and its 200-day moving average is $4.. The company’s market cap is $68.91 million.

Sunshine Heart (NASDAQ:SSH) last released its earnings data on Tuesday, March 17th. The company reported ($0.40) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.39) by $0.01. On average, analysts predict that Sunshine Heart will post $-1.53 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on SSH. Analysts at Cowen and Company lowered their price target on shares of Sunshine Heart from $15.00 to $9.00 and set an “outperform” rating on the stock in a research note on Wednesday. Separately, analysts at Canaccord Genuity set a $10.00 price target on shares of Sunshine Heart and gave the company a “buy” rating in a research note on Sunday, February 22nd.

http://sleekmoney.com/sunshine-heart-price-target-cut-to-12-00-ssh/176055/