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Bear Stearns reiterates market outperform for ev3
ev3, Inc. was maintained by Bear Stearns analyst Rick Wise at a market outperform rating, with a price target maintained at $23 per share. Bear Sterns said third-quarter revenue performance increased its confidence that the company's growth drivers in peripheral stents and neurovascular devices remain in good shape. Shares of the Plymouth, Minn.-based ev3 were down $.051, or 2.90%, at $17.08 on volume of 441,141 shares versus the three-month running average of 188,200 shares.
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