Jefferies Lifts Estimates and Price Target On Luminex (LMNX)
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Price: $8.14 -2.63%
Rating Summary:
1 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 4 | New: 11
Rating Summary:
1 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 4 | New: 11
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Jefferies raised estimates and its price target on Luminex (NASDAQ: LMNX) following Q1 results which were $0.05 above the consensus on stronger revenue growth and profit trends.
The firm raised 2011 EPS from $0.27 to $0.30 and 2012 from $0.41 to $0.45. The firm raised their price target from $16 to $17.
For more ratings news on Luminex click here and for the rating history of Luminex click here.
Shares of Luminex closed at $19.85 yesterday.
The firm raised 2011 EPS from $0.27 to $0.30 and 2012 from $0.41 to $0.45. The firm raised their price target from $16 to $17.
For more ratings news on Luminex click here and for the rating history of Luminex click here.
Shares of Luminex closed at $19.85 yesterday.
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