Zacks Investment Research upgraded shares of CARDIOVASCLR SY (CSII) from NEUTRAL to OUTPERFORM on January 07, 2014, with a target price of $34.80.
Cardiovascular Systems, Inc., formerly known as Replidyne Inc., is headquartered in Saint Paul, Minnesota. It is a medical device company focusing on developing and commercializing interventional treatment systems for vascular disease. Its initial product, the Diamondback 360 Orbital Atherectomy System, is a minimally invasive catheter system for the treatment of peripheral arterial disease and a range of plaque types, including calcified vessel lesions. The Diamondback 360 removes soft and calcified plaque in plaque-lined vessels through the orbital rotation of a diamond grit coated offset crown. The company refined its "orbital" technology to address the growing market need of providing a safer more effective atherectomy device.
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