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Enter Symbol:
 
Varian Medical Systems, Inc. (VAR) [hlAlert]

Rating:
Buy VAR
down 3.31 %

Varian Medical Systems, Inc. (VAR) upgraded to Buy with price target $55 by Jefferies & Co

Posted on: Tuesday,  Jan 5, 2010  8:25 AM ET by Jefferies & Co

Jefferies & Co rated Buy Varian Medical Systems, Inc. (NYSE: VAR) on 01/05/2010. Previously Jefferies & Co rated Underperform Varian Medical Systems, Inc. (NYSE:
VAR) on 03/10/2008., when the stock price was $46.10. Since then, Varian Medical Systems, Inc. has gained 3.43% as of 01/05/2010's recent price of $47.68.
If you would have followed the previous Jefferies & Co's recommendation on VAR, you would have lost 3.31% of your investment in 666 days.

Varian Medical Systems, Inc., of Palo Alto, California is the world's leading supplier of equipment and software for treating cancer. The company is also a premier supplier of components including X-ray tubes and flat-panel detectors for medical, scientific, and industrial imaging. Varian Medical Systems employs approximately three thousand nine hundtre people who are located at manufacturing sites in North America and Europe and in its 55 sales and support offices around the world.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2010 8:25 AM Buy
None
47.68 55.00
as of 12/31/2010
1 Week up  1.01 %
1 Month up  8.47 %
3 Months up  18.03 %
1 YTD up  47.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2008 9:25 AM Sell
None
46.10 40.00

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