Brean Murray Carret & Co. Starts Covidien Ltd (COV) at Hold

Article Stock Quotes (1) Comments (0)

Brean Murray Carret & Co. initiates coverage on Covidien Ltd (NYSE: COV) with a Hold.

Brean analyst says, "COV shares have outperformed the group YTD, reflecting increased optimism on the organic growth trajectory for Med Devices, and overall earnings trajectory...We would revisit our rating should our coviction in the velocity of revenue momentum increase."

For more ratings news on Covidien Ltd click here and for the rating history of Covidien Ltd click here.

Shares of Covidien Ltd closed at $54.13 yesterday, with a 52 week range of $35.12-$57.65.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: UBS Starts Insmed (INSM) at Buy
• Covidien plc to Report Third-Quarter Results on August 1, 2013
• Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)

Create E-mail Alert Related Categories

New Coverage

Related Entities

Brean Murray Carret & Co., Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?