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St. Jude Medical, Inc. (STJ) [hlAlert]

Rating:
Hold STJ

St. Jude Medical, Inc. (STJ) rated Hold by Stifel Nicolaus

Posted on: Tuesday,  Nov 20, 2012  9:25 AM ET by Stifel Nicolaus

St. Jude Medical, Inc.
(NYSE: STJ) rated Hold by Stifel Nicolaus.

St. Jude Medical, Inc. (St. Jude)develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas and implantable neurostimulation devices for the management of chronic pain. The Company operates in four business segments: Cardiac Rhythm Management (CRM), Cardiovascular (CV), Atrial Fibrillation (AF) and Neuromodulation Systems (Neuro). On July 3, 2008, the Company completed the acquisition of EP MedSystems, Inc. On December 19, 2008, St. Jude acquired Radi Medical Systems. On December 22, 2008, St. Jude acquired MediGuide Inc.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2012 9:25 AM Hold
None
35.52
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/2/2010 8:25 AM Hold
None
35.33 36.00
4/7/2009 10:25 AM Hold
None
34.68

(*) Stock Price at the time of the recommendation.
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