Bank of America Starts Baxter (BAX) at Buy

June 19, 2009 7:27 AM EDT

Bank of America initiates coverage on Baxter (NYSE: BAX) with a Buy rating and $60 price target.

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Baxter International Inc. develops, manufactures, and markets products for people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions.


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