St. Jude Medical Reports Second Quarter 2015 Results
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Deutsche Bank Downgrades St. Jude Medical (STJ) to Hold
July 23, 2015 7:17 AM EDTDeutsche Bank downgraded St. Jude Medical (NYSE: STJ) from Buy to Hold with a price target of $77.00 (from $76.00). The downgrade follows recent outperformance.
Analyst Kisten Stewart said, "We upgraded STJ shares to Buy in Feb 2011 after its investor day as we were impressed... More
St. Jude Medical (STJ) PT Raised to $80 at Evercore ISI on Thoratec Accretion
July 22, 2015 1:57 PM EDTEvercore ISI analyst Vijay Kumar raised estimates and his price target on St. Jude Medical (NYSE: STJ) to $80.00 (from $77.50) following the acquisition of Thoratec (NASDAQ: THOR) but maintained a Hold rating.
Kumar commented, "STJ's quarterly results took a backseat with investors mainly focused on the announcement of acquisition of Thoratec, a leading LVAD (left ventricular assist device) player for Class IV heart failure patients. Strategically the acquisition makes sense for STJ, given its... More
St. Jude Medical (STJ) Tops Q2 EPS by 2c
July 22, 2015 7:06 AM EDTSt. Jude Medical (NYSE: STJ) reported Q2 EPS of $1.02, $0.02 better than the analyst estimate of $1.00. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.39 billion.
St. Jude Medical sees Q3 2015 EPS of $0.96-$0.98, versus the consensus of... More
