Piper Jaffray Removes Immucor (BLUD) From Alpha List

July 24, 2008 1:35 PM EDT

Piper Jaffray removes Immucor (Nasdaq: BLUD) from Alpha List. Today, Piper Jaffray removed Immucor from its Alpha List because given Immucor's recent price appreciation it does not envision any new catalysts to drive the stock higher. However, Piper still is a fan of the long-term Immucor thesis behind Immucor.

Piper maintains its Buy rating on Immucor with a $39 price target.

Immucor, Inc. is the leading provider of automated instruments and reagents for blood typing and screening (immunohematology) to U.S. clinical labs.
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