Analysts Say Hologic (HOLX) Guidance Conservative

November 13, 2012 11:58 AM EST Send to a Friend
Get Alerts HOLX Hot Sheet
Price: $32.52 +0.43%

Rating Summary:
    12 Buy, 15 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 48 | New: 12
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Canaccord Genuity maintained a Buy on Hologic (NASDAQ: HOLX) with a price target of $27.00.

Analysts said Hologic's Q4 results offered "qualitative reasons to be bullish . . . yet offered quantitatively prudent (cautious) guidance in line with our conservative expectations."

Analyst Jason Miller said the firm would be buyers of Hologic given multiple levers of growth.

Analyst lowered FY13 estimates to $2.63B/$1.56 from $2.69B/$1.62 and FY14 to $2.80B/$1.77 from $2.85B/$1.81.

For an analyst ratings summary and ratings history on Hologic click here. For more ratings news on Hologic click here.

Shares of Hologic closed at $20.39 yesterday.

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