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Enter Symbol:
 
Resmed Inc. (RMD) [hlAlert]

Rating:
Mkt Perform
RMD

Resmed Inc. (RMD) rated Mkt Perform by Wachovia

Posted on: Wednesday,  Jan 2, 2008  10:42 AM ET by Wachovia

Resmed Inc. (RMD)
rated Mkt Perform by Wachovia.

ResMed Inc. is a holding company. Through its subsidiaries, the Company develops, manufactures and distributes medical equipment for treating, diagnosing and managing sleep-disordered breathing (SDB) and other respiratory disorders, including obstructive sleep apnea (OSA). It has developed nasal continuous positive airway pressure (CPAP) as a non-invasive treatment for OSA. CPAP systems deliver pressurized air, typically through a nasal mask, to prevent collapse of the upper airway during sleep. The Company has developed a number of products for SDB and other respiratory disorders, including airflow generators, diagnostic products, mask systems, headgear and other accessories. ResMed Inc. sells its products in over 70 countries through a combination of wholly owned subsidiaries and independent distributors to sleep clinics, home healthcare dealers and third-party payers. On April 30, 2009, it acquired Respicure Medsys PVT.LTD. In October 2009, ResMed Inc. acquired Laboratoires Narval.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/2/2008 10:42 AM Hold
None
25.51
as of 12/24/2008
1 Week down  -1.02 %
1 Month up  18.66 %
3 Months down  -3.35 %
1 YTD down  -6.25 %

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