Evercore ISI Starts St. Jude Medical (STJ) at Hold

Evercore ISI initiates coverage on St. Jude Medical (NYSE: STJ) with a Hold rating and a price target of $78.50.

"All in, we see STJ as delivering high singles to low double digit earnings in the medium term, which is inline to market returns and causes us to initiate with a Hold rating," analyst Vijay Kumar said.

For an analyst ratings summary and ratings history on St. Jude Medical click here. For more ratings news on St. Jude Medical click here.

Shares of St. Jude Medical closed at $74.27 yesterday.

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