Canaccord downgrade STJ.
BSX may be in view for downgrade too.
If STJ downgrade to sell then BSX should be downgraded to STRONG SELL.
St Jude Medical Cut to Sell From Hold by Canaccord Genuity STJLast update: 5/28/2013 8:00:35 AM(END) Dow Jones NewswiresMay 28, 2013 08:00 ET (12:00 GMT)
Wow, why STJ. The analyst should downgrade BSX since its income and revenue are in free fall.
I don't believe BSX is above $9. But don't worry, it will go to low $5 and $4 in coming months.
Canaccord has not forgotten the weak but overvalued stock like BSX.
Downgrade will come when traders forget about their purpose of buying BSX and then burn them badly.
Sentiment: Strong Sell