Neovasc Inc. T.NVC

Primary Symbol: NVCN

Healthcare Medical Instruments & Supplies

Neovasc Inc is a specialty medical device company. It develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products the Neovasc Reducer (Reducer), for the treatment of refractory angina, which is not currently commercially available in the United States and has been commercially available in Europe since 2015, and the Tiara, for the transcatheter treatment of mitral valve disease, which is under clinical investigation in the United States, Canada, Israel and Europe. The company earns revenue from one source, the Reducer.

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Neovasc Inc. > These "price targets" by Analysts

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Post by Sanderzon Apr 11, 2018 9:23am

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Post# 27865212

These "price targets" by Analysts

These analysts give this a price target of $1.80 or $1.88 (can't remember which at the moment), and others give it a price target of $1.

I've yet to see any price target be met by analysts in stocks. Just because someone pulls a number out of their a$$ doesn't mean the SP will reach that level, correct? Even if that number is based on certain calculations.

I can give this a price target of anything I want, I can say my price target is $2. Does that mean it will reach $2? no..

But suppose the analysts know what they're talking about.. How on earth can they expect this to be at around $1.8+ when it was already there PREVIOUSLY, when the companyt was in a better situation? It's a SUPER SUPER long way up to even $1 from here. How on earth do you expect this to skyrocket like that?

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