ISI Initiates Coverage on 15 Medical Supply Cos.; Top (ICLR) (PKI) (TMO) (HOLX) (A)

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ISI's Groups Russ Muken initiated coverage on a boatload of medical supply companies today:

Overweight
ICON Public Limited Company (Nasdaq: ICLR); $26 tgt
PerkinElmer Inc. (NYSE: PKI); $29 tgt
Thermo Fisher Scientific, Inc. (NYSE: TMO); $60 tgt
Hologic Inc. (Nasdaq: HOLX); $21 tgt
Agilent Technologies Inc. (NYSE: A); $46.50 tgt

Market Weight
Danaher Corp. (NYSE: DHR); $56 tgt
Waters Corp. (NYSE: WAT); $86 tgt
Covance Inc. (NYSE: CVD); $52.50 tgt
Illumina Inc. (Nasdaq: ILMN); $45 tgt
Bruker Corporation (Nasdaq: BRKR); $14.50 tgt

Underweight:
Qiagen NV (Nasdaq: QGEN); $15 tgt
Mettler-Toledo International, Inc. (NYSE: MTD); $165 tgt
Life Technologies Corporation (Nasdaq: LIFE); $44.50 tgt
Charles River Laboratories (NYSE: CRL); $34 tgt
Cepheid (Nasdaq: CPHD); $47 tgt

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