Needham & Company Downgrades Cepheid (CPHD) to Hold Following Takeover
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Price: $52.95 --0%
Rating Summary:
11 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 8 | New: 8
Rating Summary:
11 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 8 | New: 8
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Needham & Company downgraded Cepheid (NASDAQ: CPHD) from Buy to Hold after the company announced that it is being acquired by Danaher (DHR) for $53 per share or ~$4B of cash
For an analyst ratings summary and ratings history on Cepheid click here. For more ratings news on Cepheid click here.
Shares of Cepheid closed at $34.42 yesterday.
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