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BofA Upgrades Baxter International On 'Margin Story,' But Valuation Is Rich
Thursday, July 2, 2015 - 8:46am | 321Read More...In a report published Thursday, Bank of America Merrill Lynch analyst Bob Hopkins downgraded the rating on Baxter International Inc (NYSE: BAX) from Buy to Neutral, while lowering the price target from $78 to $40. Although the company is likely to be an interesting "margin story" following its...
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UPDATE: Bank Of America Raises PT On Intuitive Surgical On Bullish Growth Outlook
Friday, January 2, 2015 - 10:06am | 91Read More...In a report published Friday, Bank of America analyst Bob Hopkins reiterated a Buy rating on Intuitive Surgical, Inc. (NASDAQ: ISRG), and raised the price target from $550.00 to $600.00. In the report, Bank of America noted, “In this note we highlight our updated procedure volume growth model with...
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Bank Of America Raises Intuitive Surgical Price Target
Monday, December 22, 2014 - 4:38pm | 263Read More...Bank of America raised its price target on Intuitive Surgical, Inc. (NASDAQ: ISRG) Monday from $550 to $600 and maintained a Buy rating. Analysts led by Bob Hopkins commented that “ISRG is up over 30 percent this year due in large part to reaccelerating procedure volume growth (PVG)...
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UPDATE: Bank of America Raises PT on Edwards Lifesciences Corp. Following Analyst Day
Tuesday, December 9, 2014 - 9:33am | 214Read More...In a report published Tuesday, Bank of America analyst Bob Hopkins reiterated a Neutral rating on Edwards Lifesciences Corp. (NYSE: EW), and raised the price target from $120.00 to $140.00. In the report, Bank of America noted, “EW's annual analyst day was held yesterday morning in New York. All...
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UPDATE: Bank Of America Reiterates On Medtronic Post COV Financing
Friday, December 5, 2014 - 8:58am | 226Read More...In a report published Friday, Bank of America analyst Bob Hopkins reiterated a Buy rating on Medtronic (NYSE: MDT), and raised the price target from $80.00 to $85.00. In the report, Bank of America noted, “Following the debt financing of the COV deal earlier this week we are adjusting our model and...
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UPDATE: Bank Of America Reiterates On Medtronic
Friday, December 5, 2014 - 8:57am | 226Read More...In a report published Friday, Bank of America analyst Bob Hopkins reiterated a Buy rating on Medtronic (NYSE: MDT), and raised the price target from $80.00 to $85.00. In the report, Bank of America noted, “Following the debt financing of the COV deal earlier this week we are adjusting our model and...
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Bank Of America Impressed By Intuitive Surgical Following Congress
Tuesday, November 25, 2014 - 11:01am | 181Read More...Bob Hopkins of Bank of America attended the AAGL 2014 Global Congress on Minimally Invasive Gynecology last week and were impressed with the feedback received by Intuitive Surgical, Inc. (NASDAQ: ISRG). Hopkins notes that feedback on Intuitive Surgical's new wristed, single-site needle...
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UPDATE: Bank Of America Reiterates On Johnson & Johnson On Likely EPS Headwinds
Wednesday, October 15, 2014 - 7:52am | 162Read More...In a report published Wednesday, Bank of America analyst Bob Hopkins reiterated a Neutral rating on Johnson & Johnson (NYSE: JNJ), but lowered the price target from $106.00 to $99.00. In the report, Bank of America noted, “JNJ reported a solid Q3, but also highlighted a number of likely EPS...
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UPDATE: Bank Of America Moves CareFusion Corporation To No Rating, Removes PT On BDX Agreement
Tuesday, October 7, 2014 - 8:18am | 143Read More...In a report published Tuesday, Bank of America analyst Bob Hopkins moved the rating on CareFusion Corporation (NYSE: CFN) from Buy to No Rating, and removed the $50.00 price target. In the report, Bank of America noted, “On Sunday night, BDX announced it had entered into a definitive agreement to...
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Bank Of America Tweaks Numbers For St. Jude Medical, Inc. Lower On F/X, Portico
Monday, October 6, 2014 - 7:40am | 162Read More...In a report published Monday, Bank of America analyst Bob Hopkins reiterated a Buy rating and $80.00 price target on St. Jude Medical, Inc. (NYSE: STJ). In the report, Bank of America noted, “Given F/X moves since STJ's Q2 call and STJ's guidance that roughly 45-50% of every dollar of revenue...
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UPDATE: Bank Of America Reiterates On Baxter International Inc. On Mixed Factors
Monday, October 6, 2014 - 7:40am | 95Read More...In a report published Monday, Bank of America analyst Bob Hopkins reiterated a Buy rating on Baxter International Inc. (NYSE: BAX), but lowered the price target from $84.00 to $80.00. In the report, Bank of America noted, “Some reasons we see to own BAX are the core markets Baxter's bioscience...
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UPDATE: Bank Of America Reinstates Coverage Of Medtronic, Inc.
Thursday, September 25, 2014 - 9:04am | 148Read More...In a note issued Thursday morning, Bank of America analyst Bob Hopkins reinstated coverage of Medtronic, Inc. (NYSE: MDT) with a Buy rating and a $75 price objective. Hopkins explained the reason driving the Buy rating is Medtronic's proposed acquisition of Covidien plc (NYSE: COV), which he...
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Bank Of America Remains Optimistic On Johnson & Johnson
Friday, August 29, 2014 - 9:13am | 160Read More...In a report published Friday, Bank of America analyst Bob Hopkins reiterated a Neutral rating and $106.00 price target on Johnson & Johnson (NYSE: JNJ). In the report, Bank of America noted, “Yesterday, the Wall Street Journal reported that JNJ will seek a buyer for its Cordis division, which...
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UPDATE: Bank Of America Downgrades C.R. Bard
Wednesday, July 30, 2014 - 9:03am | 89Read More...In a note dated July 29, Bank of America analyst Bob Hopkins downgraded shares of C.R. Bard (NYSE: BCR) from Neutral to Underperform and maintained a $150 price objective. Hopkins noted that he made no change to and has no more or less conviction in his revenue and earnings assumptions or his price...
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UPDATE: Bank Of America Reiterates On Abbott Laboratories Following Detailed Analysis
Thursday, July 10, 2014 - 8:39am | 116Read More...In a report published Thursday, Bank of America analyst Bob Hopkins reiterated a Neutral rating on Abbott Laboratories (NYSE: ABT), and raised the price target from $39.00 to $46.00. In the report, Bank of America noted, “We expect ABT to continue to grow earnings in the double-digit range on an...

