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Stock Analyst Notes (Medical Instruments & Supplies )



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Date	Analyst Note	Full Analyst Report
05-13-13	Boosting Biotech Valuations on Lower Cost of Equity Assumptions	Baxter International Inc.
05-10-13	Margin Expansion Helps Offset CareFusion's Top-Line Weakness	CareFusion Corp
05-09-13	Dentsply Posts Weak Quarter, but Results Should Improve Over Remainder of Year	DENTSPLY International, Inc.
05-07-13	Baxter's Alzheimer's Program Failure Does Not Affect Our Fair Value Estimate	Baxter International Inc.
05-07-13	Hologic Reports Solid 2Q but Issues Disappointing Outlook; Plan to Lower Fair Value Estimate	Hologic Inc
05-07-13	No Change to Fair Value Estimate Following Mindray's First-Quarter Results	Mindray Medical International Limited
04-30-13	Coloplast Posts Solid Second-Quarter Performance	Coloplast
04-29-13	Solid Top-Line Growth and Margin Expansion Deliver 31% Profit Growth for ResMed	ResMed Inc.
04-26-13	Covidien's Growth Tripped in Q2, but Long-Term Prospects Remain Strong; Spin-Off on Target	Covidien PLC
04-25-13	No Surprises in C.R. Bard's 1Q; We Are Maintaining Our Fair Value Estimate	C.R. Bard, Inc.
04-25-13	Essilor Reports Surprisingly Weak Growth, Shares Still Appear Overvalued	Essilor International SA
04-25-13	Solid Second Quarter for Varian Medical Systems, but Concerns Shift to Outlook; Shares Undervalued	Varian Medical Systems, Inc.
04-24-13	Large Retailers Demand Lower Prices and Deeper Discounts Reaffirming Blackmore's Negative Moat Trend	Blackmores Limited
04-23-13	Illumina Reports Strong Start to 2013; Planning to Raise Fair Value Estimate	Illumina, Inc.

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