St. Jude Medical Announces Launch and First US Implants of MultiPoint Pacing Technology

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Needham & Company Raises Price Target on St. Jude Medical (STJ) Following Strong 1Q Results

April 20, 2016 1:14 PM EDT

Needham & Company reiterated a Strong Buy rating on St. Jude Medical (NYSE: STJ), and raised the price target to $75.00 (from $70.00), following the company's 1Q earnings report. STJ reported revenue of $1.448B, ahead of the consensus estimate of $1.436B. EPS was reported at $0.90 compared to consensus of $0.88.... More