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St. Jude To Launch Quadra CRT-D Sooner Than Expected?
Tuesday, January 18, 2011 - 10:06am | 192Jefferies & Company has published a research report on St. Jude Medical (NYSE: STJ) after the company talks suggested a sooner launch of its Quadra CRT-D device in the U.S. at the Boston AF Meeting. In the report, Jefferies writes "Several clinicians and industry reps we spoke with at the...
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Jefferies Raises PT On St. Jude Medical
Tuesday, January 18, 2011 - 8:52am | 28Jefferies & Company has raised the price target on St. Jude Medical (NYSE: STJ) from $46 to $49 and maintains its Buy rating.
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Jefferies Raises PT On St. Jude Medical
Tuesday, January 18, 2011 - 8:52am | 28Jefferies & Company has raised the price target on St. Jude Medical (NYSE: STJ) from $46 to $49 and maintains its Buy rating.
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Morgan Stanley Downgrades STJ To Underweight
Monday, January 3, 2011 - 11:54am | 145Morgan Stanley reports today that increasing risks to revenue outlook amid a softening CRM market drive its downgrade on shares of St. Jude Medical, Inc. (NYSE: STJ) to UW. “St. Jude's reliance on the cardiac rhythm management (CRM) market (nearly 60% of 2010e sales) has long been a key investor...
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Wells Fargo's EPS Revisions
Wednesday, December 8, 2010 - 9:53am | 106Wells Fargo makes the following EPS revisions: FY10 FY11 Old New Old New Phillips-Van Heusen(NYSE: PVH) $3.80 $3.95 $4.68 $4.90 Vera Bradley Inc.(NASDAQ: VRA) $1.03 $1.07 $1.07 $1.15 Boston Scientific (NYSE: BSX...
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Collins Stewart On Medical Devices & Hospital Supplies
Monday, December 6, 2010 - 7:49am | 188Collins Stewart has published a research report on the Medical Devices and Hospital Supplies sector and reports on its top picks for the group. In the report, Collins Stewart writes "We believe that FDA approval of Protecta ICD and Revo could provide MDT with an incremental $50 million (1% market...
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Goldman Sachs Updates Outlook on St. Jude Medical (STJ)
Tuesday, November 30, 2010 - 10:24am | 87Goldman Sachs updates its outlook on St. Jude Medical (NYSE: STJ) following STJ's acquisition of AGA Medical for $1.25 billion. In a note to clients, Goldman Sachs writes, "The AGA Medical acquisition is accretive to STJ's top-line growth rate, as this business had been growing in the low-double...
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St. Jude Medical's 3Q Is Just Below The Street
Thursday, October 21, 2010 - 7:58am | 94St. Jude Medical, Inc. (NYSE: STJ)'s third quarter sales were just below the Street but another quarter of no growth in SG&A enabled a $0.04 “beat,” Citigroup reports. “It's starting to look clear again that with slowing end markets and increasing competition in AF and neuromodulation that STJ'...
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As Weakening Dollar Boosts Med Tech Companies Outlook, St. Jude Medical is set to Benefit
Wednesday, October 13, 2010 - 8:05am | 129Piper Jaffray is reporting that in the past few months, the U.S. dollar has weakened considerably against the other major currencies including the euro and yen. “At current exchange rates, the dollar has weakened 12% against the euro and 7.5% against the yen since the end of Q2,” Piper Jaffray...
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Medtronic Down But Not Out (MDT, BAX, STJ)
Tuesday, October 5, 2010 - 8:25pm | 319Medtronic (NYSE: MDT) is down for the year, but not out. While the S&P 500 has staged a mighty rally over the past 5 weeks bringing the index solidly into positive territory for the year (up 5.9% including dividends as of October 5th) Medtronic has fallen 22.8%. MDT is the world's largest...
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Deutsche Bank Initiations For 9/10
Friday, September 10, 2010 - 8:34am | 219Initiation coverage from Deutsche Bank for September 10 is as follows: St. Jude Medical (NYSE: STJ) Initiate with Hold Rating and $39 price target Boston Scientific (NYSE: BSX) Initiate with Hold rating and $6.30 price target. Zimmer Holdings (NYSE: ZMH) Initiate with Hold rating and $53 price...
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Deutsche Bank Initiations For 9/10
Friday, September 10, 2010 - 8:33am | 209St. Jude Medical (NYSE: STJ) Initiate with Hold Rating and $39 price target Boston Scientific (NYSE: BSX) Initiate with Hold rating and $6.30 price target. Zimmer Holdings (NYSE: ZMH) Initiate with Hold rating and $53 price target CareFusion Corporation (NYSE: CFN) Initiate with Hold rating and $23...