FDA Voices Concern Over St. Jude (STJ) Durata Lead Testing; Shares Fall

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Wells Fargo Downgrades St. Jude Medical (STJ) to Market Perform

November 21, 2012 6:46 AM EST

Wells Fargo downgraded St. Jude Medical (NYSE: STJ) from Outperform to Market Perform and cut its price target range from $49-$50 to $25-$36.

The firm comments, "Although we expected the noise level around STJ's Riata/Durata ICD leads to subside,... More