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

Rating:
Mkt Perform
STJ
down 4.97 %

St. Jude Medical, Inc. (STJ) downgraded to Mkt Perform by Wachovia

Posted on: Friday,  May 2, 2008  8:25 AM ET by Wachovia

Wachovia rated Mkt Perform St. Jude Medical, Inc. (NYSE: STJ) on 05/02/2008. Previously Wachovia rated Buy St. Jude Medical, Inc. (NYSE: STJ)
on 07/19/2007., when the stock price was $45.23. Since then, St. Jude Medical, Inc. has lost 4.97% as of 05/02/2008's recent price of $42.98.
If you would have followed the previous Wachovia's recommendation on STJ, you would have lost 4.97% of your investment in 288 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.

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
5/2/2008 8:25 AM Hold
None
42.98
as of 12/24/2008
1 Week down  -4.08 %
1 Month down  -8.07 %
3 Months up  11.92 %
1 YTD down  -15.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2007 9:25 AM Buy
None
45.23
7/11/2007 9:25 AM Hold
None
41.86

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