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

Rating:
Mkt Outperform
STJ
down 15.72 %

St. Jude Medical, Inc. (STJ) rated Mkt Outperform with price target $50 by Rodman & Renshaw

Posted on: Thursday,  Feb 28, 2008  8:25 AM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Outperform St. Jude Medical, Inc. (NYSE: STJ) on 02/28/2008, when the stock price was $43.55. Since then, St.
Jude Medical, Inc. has lost 15.73% of its value until Rodman & Renshaw rated STJ Mkt Perform on 07/12/2010, when the price was $36.70.
If you would have followed this Rodman & Renshaw's recommendation on STJ, you would have lost 15.72% of your investment in 865 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.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/12/2010 8:25 AM Hold
None
36.70
as of 12/24/2008
1 Week down  -4.08 %
1 Month down  -8.07 %
3 Months up  11.92 %
1 YTD down  -16.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2008 8:25 AM Buy
None
43.55 50.00

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