Are Analysts Bearish Avinger Inc (NASDAQ:AVGR) After Last Week?

July 18, 2017 - By Kurt Siggers

 Are Analysts Bearish Avinger Inc (NASDAQ:AVGR) After Last Week?

Avinger Inc (NASDAQ:AVGR) Ratings Coverage

Among 3 analysts covering Avinger (NASDAQ:AVGR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Avinger had 3 analyst reports since December 29, 2015 according to SRatingsIntel. The stock of Avinger Inc (NASDAQ:AVGR) has “Perform” rating given on Wednesday, April 12 by Oppenheimer. The stock has “Hold” rating by Canaccord Genuity on Tuesday, April 11. The rating was downgraded by Dougherty & Company to “Neutral” on Tuesday, December 29. Below is a list of Avinger Inc (NASDAQ:AVGR) latest ratings and price target changes.

12/04/2017 Broker: Oppenheimer Old Rating: Outperform New Rating: Perform Downgrade
11/04/2017 Broker: Canaccord Genuity Old Rating: Buy New Rating: Hold Old Target: $4.30 New Target: $1.00 Downgrade

It closed at $0.468 lastly. It is down 96.51% since July 18, 2016 and is downtrending. It has underperformed by 113.21% the S&P500.

Avinger, Inc. is a commercial-stage medical device company. The company has market cap of $11.54 million. The Firm designs, makes and sells image-guided, catheter systems that are used by physicians to treat patients with peripheral arterial disease . It currently has negative earnings. The Firm focuses on introducing products based on its lumivascular platform, which is an intravascular image-guided system.

More notable recent Avinger Inc (NASDAQ:AVGR) news were published by: Businesswire.com which released: “Robbins Arroyo LLP: Avinger, Inc. (AVGR) Misled Shareholders According to a …” on July 12, 2017, also Businesswire.com with their article: “Haeggquist & Eck, LLP Announces Investigation of Potential Corporate …” published on July 14, 2017, Prnewswire.com published: “Medical Equipment Stock Performance Review — Nevro, EnteroMedics, Avinger …” on July 13, 2017. More interesting news about Avinger Inc (NASDAQ:AVGR) were released by: Prnewswire.com and their article: “AVGR Investors Alert: Hagens Berman Alerts Investors in Avinger, Inc. to …” published on June 20, 2017 as well as Prnewswire.com‘s news article titled: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of …” with publication date: July 07, 2017.

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