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

Rating:
Strong Buy
STJ
up 18.44 %

St. Jude Medical, Inc. (STJ) rated Strong Buy with price target $78 by Needham

Posted on: Tuesday,  Sep 30, 2014  8:25 AM ET by Needham

Needham rated Strong Buy St. Jude Medical, Inc. (NYSE: STJ) on 09/30/2014, when the stock price was $61.15.
Since then, St. Jude Medical, Inc. has gained 18.45% as of 01/28/2016's recent price of $72.43.
If you would have followed this Needham's recommendation on STJ, you would have gained 18.44% of your investment in 485 days.

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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2014 8:25 AM Buy
None
61.15 78.00
as of 10/17/2014
1 Week down  -4.12 %
1 Month down  -4.69 %
3 Months   
1 YTD down  -4.69 %

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