Seeking Alpha

Lazard Capital downgrades a number of names in the in the Medical Technology space today due to...

Lazard Capital downgrades a number of names in the in the Medical Technology space today due to valuation. Intuitive Surgical (ISRG +0.2%), Endologix (ELGX -5.4%), Allergan (AGN -0.4%), St. Jude Medical (STJ -0.7%) and ZOLL Medical (ZOLL +0.1%) are all cut to Neutral.
Comments (1)
  • $CLU
    , contributor
    Comments (207) | Send Message
     
    Don't understand why ISRG is on the list. Last 28 quarters of both revenue and EPS point to current stock price.
    One may consider the P/E high but that has not changed in 28 quarters so what's new?
    He's probably disappointed and wants in at a lower price and this is how he achieves it.
    2 Apr 2012, 12:32 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|