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

Rating:
Neutral STJ

St. Jude Medical, Inc. (STJ) rated Neutral by Banc of America Sec

Posted on: Wednesday,  Sep 10, 2008  8:25 AM ET by Banc of America Sec

St. Jude Medical (STJ)
rated Neutral by Banc of America Sec.

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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2008 8:25 AM Hold
None
44.98
as of 12/24/2008
1 Week down  -4.08 %
1 Month down  -8.07 %
3 Months up  11.92 %
1 YTD down  -22.81 %

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