First Analysis Cuts Life Tech (LIFE) to Equal Weight

First Analysis' Greg Chodaczek downgraded shares of Life Technologies (NASDAQ: LIFE) from Overweight to Equalweight Wednesday.

The stock is moving higher this afternoon amid earlier news of a $5.7 billion bid for Illumina from Roche. Shares last traded at $48.82, up 3.2 percent from Tuesday's close.

For an analyst ratings summary and ratings history on Life Technologies click here. For more ratings news on Life Technologies click here.

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