Canaccord Genuity Reiterates a 'Buy' on OraSure Technologies (OSUR); Q3 Good but Product Approvals Nearing
Tweet
Share
E-mailGet Alerts OSUR Hot Sheet
Price: $3.88 +3.74%
Rating Summary:
9 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
9 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Join SI Premium – FREE
Canaccord Genuity reiterates a 'Buy' on OraSure Technologies (NASDAQ: OSUR), raises price target to $14.00.
Canaccord analyst, Jeffrey Frelick, said, "We reiterate our rating on OSUR following solid Q3 results that were ahead of expectations. Standalone OSUR sales of $19.7M and EPS of ($0.03) were ahead of Street estimates of $19M and ($0.07). HCV CLIA waiver approval is expected this quarter."
For more ratings news on OraSure Technologies click here and for the rating history of OraSure Technologies click here.
Shares of OraSure Technologies closed at $9.36 yesterday.
Canaccord analyst, Jeffrey Frelick, said, "We reiterate our rating on OSUR following solid Q3 results that were ahead of expectations. Standalone OSUR sales of $19.7M and EPS of ($0.03) were ahead of Street estimates of $19M and ($0.07). HCV CLIA waiver approval is expected this quarter."
For more ratings news on OraSure Technologies click here and for the rating history of OraSure Technologies click here.
Shares of OraSure Technologies closed at $9.36 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Emkay Global Starts Urban Company (URBANCO:IN) at Buy (1)
- ICICI Securities Resumes Dalmia Bharat Ltd (DALBHARA:IN) at Add (2)
- Viking Holdings (VIK) PT Raised to $82 at Mizuho
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
