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UPDATE: Stifel Nicolaus Initiates Zimmer Holdings at Hold; More Diversification Needed

Related ZMH
Brean Capital Cashes Out Of Zimmer Holdings, Downgrades Stock On 'Uncertainty'
Benzinga's Top Downgrades

Stifel Nicolaus initiated coverage on Zimmer Holdings (NYSE: ZMH) with a Hold rating.

Stifel Nicolaus commented, "In our view, ZMH has lagged its competition in diversifying its business model, especially in expanding its emerging market exposure. At ZMH's current share price/valuation, these concerns surrounding strategic issues and possible competitive ‘headwinds” (Johnson & Johnson's, JNJ, $69.19, Hold, hips rebounding post-ASR XL Aectabular System controversies) offset potential economically-driven knee franchise re-acceleration from the full 2013 Persona knee launch. These concerns make us inclined to wait for a more compelling price entry point before turning more positive on the stock."

Zimmer Holdings closed at $64.44 on Monday.

Latest Ratings for ZMH

Jun 2015Brean CapitalDowngradesBuyHold
May 2015JefferiesMaintainsBuy
May 2015BarclaysMaintainsOverweight

View More Analyst Ratings for ZMH
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Posted-In: Stifel NicolausAnalyst Color Initiation Intraday Update Analyst Ratings


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