Canaccord Genuity Reiterates a 'Buy' on Cepheid (CPHD); Pick Up Shares on Weakness
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Price: $52.95 --0%
Rating Summary:
11 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
11 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity reiterates a 'Buy' on Cepheid (NASDAQ: CPHD) price target of $50.00.
Analyst, Jeffrey Frelick, said, "We reiterate our BUY as CPHD demonstrates that the GeneXpert system continues to be the molecular instrument of choice. Despite 300bps of one-time negative impacts to GM, CPHD recorded the largest sequential reagent growth in its history."
For an analyst ratings summary and ratings history on Cepheid click here. For more ratings news on Cepheid click here.
Shares of Cepheid closed at $40.58 yesterday.
Analyst, Jeffrey Frelick, said, "We reiterate our BUY as CPHD demonstrates that the GeneXpert system continues to be the molecular instrument of choice. Despite 300bps of one-time negative impacts to GM, CPHD recorded the largest sequential reagent growth in its history."
For an analyst ratings summary and ratings history on Cepheid click here. For more ratings news on Cepheid click here.
Shares of Cepheid closed at $40.58 yesterday.
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