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Goldman Sachs Removes Hologic (HOLX) from Conviction Buy List

August 5, 2011 7:27 AM EDT
Get Alerts HOLX Hot Sheet
Price: $76.01 --0%

Rating Summary:
    6 Buy, 28 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs removed its Conviction Buy List rating on Hologic (NASDAQ: HOLX) but is keeping its Buy rating and $22 6-month price target, which suggests 33% upside.

The firm remains positive on tomosynthesis, but says broader concerns around healthcare utilization could outweigh our product cycle thesis for the near term.

For more ratings news on Hologic click here and for the rating history of Hologic click here.

Shares of Hologic closed at $16.53 yesterday.


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