Press coverage about Novadaq Technologies (NASDAQ:NVDQ) (TSE:NDQ) has been trending somewhat positive on Thursday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Novadaq Technologies earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the medical research company an impact score of 45.6678753880611 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news headlines that may have effected Accern’s scoring:

NVDQ has been the subject of a number of research analyst reports. Scotiabank reiterated an “outperform” rating and issued a $18.00 target price on shares of Novadaq Technologies in a research note on Thursday, May 4th. Zacks Investment Research upgraded shares of Novadaq Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. Stifel Nicolaus reiterated a “buy” rating and issued a $10.00 target price on shares of Novadaq Technologies in a research note on Friday, June 2nd. Craig Hallum cut shares of Novadaq Technologies from a “buy” rating to a “hold” rating and set a $11.75 target price for the company. in a research note on Monday, June 19th. Finally, Canaccord Genuity cut shares of Novadaq Technologies from a “buy” rating to a “hold” rating and set a $11.75 target price for the company. in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $11.86.

Shares of Novadaq Technologies (NASDAQ NVDQ) opened at 11.74 on Thursday. The firm’s 50 day moving average is $11.68 and its 200 day moving average is $8.79. Novadaq Technologies has a 12 month low of $5.84 and a 12 month high of $12.74. The company’s market cap is $678.83 million.

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Novadaq Technologies Company Profile

NOVADAQ Technologies Inc is a medical device company. The Company primarily develops, manufactures and markets real-time fluorescence imaging products that are designed for use by surgeons in the operating room and other clinical settings where open and minimally invasive surgery or interventional procedures are performed.

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