Shockwave Medical Inc gains on brokerage upgrade

Shockwave Medical

10/07/2023 20:10

** Medical device maker Shockwave Medical's  SWAV.O  shares
up 5.4% at $275.90 
    ** Morgan Stanley upgrades company's shares to "overweight"
from "equal-weight", raises PT to $335 from $291
    ** Brokerage expects U.S. Centers for Medicare & Medicaid
Services to propose a better outpatient reimbursement for
company's heart device
    ** Including session gains, SWAV shares up ~34% YTD

 (Reporting by Pratik Jain and Khushi Mandowara in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com))