Thoratec (THOR +5.3%) trades higher today after Wells Fargo ups the shares to Outperform and...


Thoratec (THOR +5.3%) trades higher today after Wells Fargo ups the shares to Outperform and raises its valuation by roughly 20%. The move comes a day after the FDA approved rival HeartWare International's (HTWR -5.4%) heart-pumping device, and Wells notes that THOR's competing product showed a lower incidence of stroke in recent trials.

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