ResMed (RMD) Tops Q4 EPS by 2c, Beats on Revenues

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BofA/Merrill Lynch Downgrades ResMed (RMD) to Neutral

August 2, 2017 6:35 AM EDT

BofA/Merrill Lynch downgraded ResMed (NYSE: RMD) from Buy to Neutral.

Analyst William Dunlop says FY 2018 should be "great" but does not believes the current trajectory is setting to make it so. The analyst comments that market share gains appear... More