William Blair Assigns Outperform On St. Jude Medical Shares

In a research report issued today, William Blair analyst Ben Andrew assigned an Outperform rating on St. Jude Medical (NYSE:STJ). No price target was given.

Andrew wrote, “We are reducing our estimates slightly for fourth quarter and for 2015 by $0.10, to $4.32 (up 8.6%) based primarily on currency impacts, but also on some minor product revenue cuts.”

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Ben Andrew has a total average return of 7.9% and a 71.4% success rate. Andrew is ranked #961 out of 3335 analysts.

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