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

Mkt Perform
up 16.51 %

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

Posted on: Thursday,  Sep 8, 2011  10:25 AM ET by JMP Securities

JMP Securities rated Mkt Perform St. Jude Medical, Inc. (NYSE: STJ) on 09/08/2011. Previously JMP Securities rated Mkt Outperform St. Jude Medical, Inc. (NYSE:
STJ) on 10/01/2009., when the stock price was $38.63. Since then, St. Jude Medical, Inc. has gained 16.52% as of 09/08/2011's recent price of $45.01.
If you would have followed the previous JMP Securities's recommendation on STJ, you would have gained 16.51% of your investment in 707 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.

MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports. JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/8/2011 10:25 AM Hold
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  5.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2009 8:25 AM Buy

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