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Goldman Sachs Downgrades Cepheid (CPHD) to Neutral

November 19, 2012 7:23 AM EST
Get Alerts CPHD Hot Sheet
Price: $52.95 --0%

Rating Summary:
    11 Buy, 14 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 14 | New: 22
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Goldman Sachs downgraded Cepheid (NASDAQ: CPHD) from Buy to Neutral with a price target of $32.00 (from $42.00).

The firm is calling Cepheid a "show-me" story that requires several quarters of solid management execution (following several missteps) to garner the premium valuation is had previously ascertained.

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 $30.53 yesterday.


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