Waters upgraded to Buy from Hold at WallachBeth WallachBeth upgraded Waters based on expectations for strong R&D spending in China, which is a major organic growth opportunity for the company. Price target raised to $103 from $87.
Medtronic announces resignation of Christopher O'Connell Medtronic (MDT) announced in a regulatory filing that Christopher J. O’Connell is resigning as the company’s EVP and President, Restorative Therapies Group. The company also announced the appointment of Geoff Martha as the company’s EVP and President, Restorative Therapies Group, effective immediately. The Fly notes that Waters (WAT) this morning named O'Connell as its new president, CEO and member of its Board of Directors, effective in September.