Jefferies & Co Downgrades ResMed (RMD) to Hold

November 6, 2009 8:34 AM EST

Jefferies & Co downgrades ResMed (NYSE: RMD) from Buy to Hold. Price target increased from $50 to $53.

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ResMed Inc., through its subsidiaries, engages in the development, manufacture, and distribution of medical equipment for treating, diagnosing, and managing sleep-disordered breathing and other respiratory disorders.


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