Actionable news
All posts from Actionable news
Actionable news in STJ: ST. JUDE MEDICAL Inc,

St. Jude Medical (STJ) Stock Price Target Lowered at Canaccord

NEW YORK (TheStreet) -- St. Jude Medical's (STJ - Get Report) price target was decreased to $59 from $64 at Canaccord on Thursday.

The firm maintained its "sell" rating on the stock.

Canaccord is lowering its price target in light of the company's "underwhelming" earnings results for the 2015 third quarter, reduced fourth quarter and full-year guidance and "concerning" near-term competitiveness, according to the analyst note.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

St. Jude Medical's CardioMEMS's, a tool for heart failure care, revenue missed...