Jefferies Maintains a 'Buy' on Myriad Genetics (MYGN); Solid Q4 Supports FY13 Outlook

August 15, 2012 7:52 AM EDT
Get Alerts MYGN Hot Sheet
Price: $3.03 --0%

Rating Summary:
    7 Buy, 19 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 16 | New: 19
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Jefferies maintains a 'Buy' on Myriad Genetics (NASDAQ: MYGN) price target of $31.00.

Analyst, Jon Wood, said, "MYGN's fiscal-4Q12 (Jun) EPS of $0.34 matched both our & the consensus views as modestly better revenue growth was offset by slightly higher expense trends. Our FY13 EPS forecast ($1.45 profit) and price target of $31 are unchanged."

For an analyst ratings summary and ratings history on Myriad Genetics click here. For more ratings news on Myriad Genetics click here.

Shares of Myriad Genetics closed at $25.47 yesterday.


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