ICU Medical (ICUI) Tops Q3 EPS by 16c

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Piper Jaffray Reiterates Overweight Rating on ICU Medical (ICUI) Following 3Q Beat

November 6, 2015 10:10 AM EST

Piper Jaffray reiterated an Overweight rating on ICU Medical (NASDAQ: ICUI), and raised the price target to $129.00 (from $124.00), following the company's 3Q earnings report. ICUI reported 3Q15 sales and EPS of $86.0M and $1.00, which compared to consensus of $81.3M and $0.84. Two key highlights in the quarter were ICUIs continued strength in OEM sales and the long-term supply... More