Orlando, FL -- (SBWIRE) -- 09/20/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Boston Scientific Corporation (NYSE:BSX), MGM Resorts International (NYSE: MGM).
Boston Scientific Corporation (NYSE:BSX) shares declined 1.59% to $11.74. The company on Sept. 17 announced favorable six-month results from the first 60 patients enrolled in the REPRISE II clinical trial evaluating the safety and performance of the Lotus Valve System in symptomatic patients with severe aortic stenosis considered at high risk for surgical valve replacement.
According to the company, the data demonstrated excellent results with no new valve-related adverse events between 30 days and six months. Additionally, there were no cases of moderate or severe paravalvular regurgitation in any patient at six months.
Additionally, BSX’s stock was downgraded by stock analysts at CL King from a “buy” rating to a “neutral” rating in a report issued on Sept. 10. Separately, BSX’s stock has been upgraded by TheStreet Ratings from hold to buy on Sept. 2.
Are investors worried about the recent updates with BSX? Find out with a free trend analysis HERE
MGM Resorts International (NYSE: MGM) shares jumped 2.07% to $20.18. Stifel analyst Steven Wieczynski reiterated a Buy rating on MGM Resorts International on Sept. 18 and raised the price target from $20.00 to $26.00.
Additionally, the company on Sept. 6 was ordered to rehire a condominium sales employee and pay about $325,000 in damages under whistle-blower provisions of the Sarbanes-Oxley Act. The employee worked at The Signature at MGM Grand, a condominium and hotel complex on the Las Vegas Strip, according to a statement from the U.S. Department of Labor’s Occupational Safety and Health Administration.
Is MGM going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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