J.P. Morgan Maintains Overweight Rating on Baxter Intl

According to J.P. Morgan, Baxter Intl (NYSE: BAX) Overweight rating is maintained.

J.P. Morgan said that it hosted Baxter management for what turned out to be a very compelling and much discussed dinner last week at the JPM Healthcare conference. “It is in the context of this and ahead of the company's 1/26 earnings call, we wanted to touch on the company's 2012 outlook (as our forecast differs notably from the Street) and the outlook for 2013 and beyond.”

Baxter Intl closed on Friday at $51.30.