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UPDATE: Morgan Stanley Initiates Coverage On Intuitive Surgical
Wednesday, July 23, 2014 - 3:58pm | 149In a report released Wednesday, Morgan Stanley analyst David Lewis initiated coverage on Intuitive Surgical (NASDAQ: ISRG) with a base case of $370. Morgan Stanley previously had an Overweight rating. Analysts at Morgan Stanley believe Intuitive Surgical's improved procedures will result in...
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Intuitive Surgical Plunges On Weak Sales Of Da Vinci Systems
Wednesday, April 23, 2014 - 2:22pm | 1116Intuitive Surgical (NASDAQ: ISRG) reported very disappointing first quarter results on Tuesday after the market closed. Shares opened about $30 lower on Wednesday, down nearly nine percent. Driving the decline was a a meager $1.13 earnings per share compared to analysts' expectations of $3.31...
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Morgan Stanley Maintains on Intuitive Surgical
Friday, January 24, 2014 - 11:30am | 220In a report published Friday, Morgan Stanley analyst David Lewis maintained Equal-weight on Intuitive Surgical (NASDAQ: ISRG), with a NA price target. According to the report, the analyst's expectations were muted for the guide but our below the street EPS estimates are coming down 10 percent...
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Morgan Stanley Maintains on Abbott Laboratories
Thursday, January 23, 2014 - 11:27am | 188In a report published Thursday, Morgan Stanley analyst David Lewis maintained Overweight on Abbott Laboratories (NYSE: ABT), with a $45.00 price target. According to the report, guidance for 1Q and cash repatriation accounting created concerns, but the analysts remain focused on growth and...
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Morgan Stanley Maintains on Johnson & Johnson as 2014 Looks Promising
Wednesday, January 22, 2014 - 10:25am | 212In a report published Wednesday, Morgan Stanley analyst David Lewis maintained Equal-weight on Johnson & Johnson (NYSE: JNJ), with a NA price target, as 2014 looks promising. According to the report, performance in 2014 is dependent on continued pharma strength and leverage. The analysts are...
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UPDATE: Morgan Stanley Upgrades Abbott Laboratories
Friday, January 17, 2014 - 8:55am | 178In a report published Friday, Morgan Stanley analyst David Lewis upgraded Abbott Laboratories (NYSE: ABT) to Overweight, with a $45.00 price target. According to the report, the upgrade reflects growth and leverage prospects into 2H14 and 2015 are underappreciated. Guidance for 2014 likely...
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Morgan Stanley Downgrades Hologic on Challenging Near-term Upside
Monday, January 6, 2014 - 4:15pm | 205In a report published Monday, Morgan Stanley analyst David Lewis downgraded Hologic (NASDAQ: HOLX) from Overweight to Equal-weight and removed their $22.00 price target. Although there is a balanced risk-reward following recent stock appreciation, Lewis noted that Morgan Stanley's “SOTP analysis...
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Morgan Stanley Upgrades St. Jude Medical, Optimistic on Guidance Achievability in 2014
Monday, January 6, 2014 - 3:42pm | 193In a report published Monday, Morgan Stanley analyst David Lewis upgraded St. Jude Medical (NYSE: STJ) from Equal-weight to Overweight and announced a $75.00 price target. Lewis noted that Morgan Stanley is optimistic on guidance achievability in 2014 and St. Jude's pipeline. The analyst commented...
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Morgan Stanley Upgrades Boston Scientific on Pipeline Acceleration
Monday, January 6, 2014 - 3:01pm | 189In a report published Monday, Morgan Stanley analyst David Lewis upgraded Boston Scientific (NYSE: BSX) from Equal-weight to Overweight based on pipeline acceleration traction. Despite disappointing pipeline progress in 2013 from Asthmatx reimbursement delays and S-ICD manufacturing constraints,...
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Morgan Stanley Upgrades Abbott Based on Reacceleration
Monday, January 6, 2014 - 12:17pm | 241In a report published Monday, Morgan Stanley analyst David Lewis upgraded Abbott Laboratories (NYSE: ABT) from Equal-weight to Overweight based on reacceleration. Lewis noted that Abbott's 2015 revenue is expected to grow more than 100 bp faster than the company's large cap peers. The analyst...
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Equifax to Sell its DMS Unit, JP Morgan Drops Price Target By $3
Thursday, June 10, 2010 - 11:18am | 159See more trading ideas here Equifax (NYSE: EFX) recently announced it is selling its Direct Marketing Services (DMS) unit to Alliance Data Systems (NYSE: ADS). This unit provides marketing information on 200 million US consumers. JP Morgan analysts Michael Meltz, David Lewis, and Nadia Lovell...
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J.P. Morgan Approves Of Gartner (IT) Acquisitions
Thursday, May 20, 2010 - 10:36am | 145J.P. Morgan analysts David Lewis, Michael A. Meltz and Nadia Lovell reiterated their Overweight rating for shares of Gartner Inc (NYSE: IT), with a price target of $28 per share. One of the reasons the analysts like Gartner Inc shares is that they see potential upside from two of its recent...