Dougherty & Co Upgrades Hologic (HOLX) to Buy; Pending GPRO Acquisition

July 31, 2012 9:33 AM EDT
Get Alerts HOLX Hot Sheet
Price: $39.38 +0.31%

Rating Summary:
    16 Buy, 15 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 19 | Down: 19 | New: 13
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Dougherty & Co upgraded Hologic (NASDAQ: HOLX) from Neutral to Buy with a price target of $21.00 (from $20.00).

Analyst, Junaid Husain, said, "Following last night's Q3 results, we're upgrading HOLX to Buy ahead of the pending Aug 1st close of the Gen-Probe (Nasdaq: GRPO) acquisition...Ultimately, our Buy rating is predicated on solid execution of the Gen-Probe transaction."

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 $18.26 yesterday.

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