Orlando, FL -- (SBWIRE) -- 10/01/2013 -- 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 Jazz Pharmaceuticals plc - Ordinary Shares (NASDAQ:JAZZ), St. Jude Medical, Inc. (NYSE:STJ).
Jazz Pharmaceuticals plc - Ordinary Shares (NASDAQ:JAZZ) shares jumped 2.44% and closed at $91.97 in the last trading session. Piper Jaffray on Sept. 20 raised its price target for Jazz Pharmaceuticals to $107 citing visibility on sustained volume growth for Xyrem and keeps an Overweight rating on the stock. The firm continues to believe Jazz is attractively valued.
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St. Jude Medical, Inc. (NYSE:STJ) shares gained 2.39% to $53.64. On Sep 18, Zacks retained St. Jude Medical Inc. (STJ) at Neutral following its second-quarter results. Despite a difficult Med-tech space, it is worthwhile to note this medical devices giant’s strong ability to drive bottom-line growth on the back of cost-saving measures and restructuring efforts.
Additionally, the company on August 29 announced the CE Mark approval of its next-generation EnligHTN™ Renal Denervation System for treating patients with drug-resistant, uncontrolled hypertension. The system features an advanced generator that delivers simultaneous ablations via a multi-electrode catheter, reducing total ablation time with the new EnligHTN system by more than 80 percent in comparison to the first generation system, from approximately 24 minutes to four minutes. The EnligHTN system will be on display during the 2013 European Society of Cardiology (ESC) meeting from August 31 to September 3.
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