Home » MEDTRONIC'S STENT TRIAL SEEN AS POTENTIAL CATALYST
MEDTRONIC'S STENT TRIAL SEEN AS POTENTIAL CATALYST
Banc of America Securities recently reiterated a "buy" rating and $62 target price on Medtronic, saying results for the company's Endeavor III stent trial could provide a catalyst for the stock. "We believe that the favorable in-segment late loss data from Endeavor II increase the likelihood that Endeavor III will meet its primary endpoint of in-segment late loss," Banc of America said.
Forbes (http://www.forbes.com/technology/sciences/2005/09/19/medtronic-stents-guidant-0919markets03.html?partner=rss) (http://www.forbes.com/technology/sciences/2005/09/19/medtronic-stents-guidant-0919markets03.html?partner=rss)
KEYWORDS FDAnews Device Daily Bulletin
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