Goldman Sachs Boosts Price Target On Cepheid (CPHD) to $46
Tweet
Share
E-mailGet Alerts CPHD Hot Sheet
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
Join SI Premium – FREE
Goldman Sachs lifted its price target on Cepheid (NASDAQ: CPHD) from $42 to $46 following strong Q4 results.
They noted that the revenue beat represents 36% year-over-year growth and was enabled by the company's biggest instrumentation quarter thus far.
"The 4Q results reinforce CPHD’s status as the highest growth name in our coverage universe, justifying a continued valuation premium vs. peers in our view," the firm comments.
For an analyst ratings summary and ratings history on Cepheid click here. For more ratings news on Cepheid click here.
Shares of Cepheid are up 20 percent today to $41.31.
They noted that the revenue beat represents 36% year-over-year growth and was enabled by the company's biggest instrumentation quarter thus far.
"The 4Q results reinforce CPHD’s status as the highest growth name in our coverage universe, justifying a continued valuation premium vs. peers in our view," the firm comments.
For an analyst ratings summary and ratings history on Cepheid click here. For more ratings news on Cepheid click here.
Shares of Cepheid are up 20 percent today to $41.31.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Viking Holdings (VIK) PT Raised to $82 at Mizuho
- Rockwell Automation (ROK) PT Lowered to $490 at DA Davidson
- Cummins (CMI) PT Lowered to $675 at Jefferies
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Goldman SachsSign 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!
