UBS Maintains a 'Neutral' on Cepheid (CPHD); Posts Strong Second Quarter
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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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UBS maintains a 'Neutral' on Cepheid (NASDAQ: CPHD), raises price target from $32 to $35.
UBS analyst says, "Clinical revenue growth drives top and bottom line beat...CPHD now sees sales of $265-270m, (up from $245-255m) and adj. EPS of $0.11-0.14 (vs. prior $0.03-0.08), net of options. For ‘11E, we see sales of $269m (+27%) & adj EPS of $0.13 (was $0.08). For ‘12E, we see sales of $333m & EPS of $0.45."
For more ratings news on Cepheid click here and for the rating history of Cepheid click here.
Shares of Cepheid closed at $31.63 yesterday.
UBS analyst says, "Clinical revenue growth drives top and bottom line beat...CPHD now sees sales of $265-270m, (up from $245-255m) and adj. EPS of $0.11-0.14 (vs. prior $0.03-0.08), net of options. For ‘11E, we see sales of $269m (+27%) & adj EPS of $0.13 (was $0.08). For ‘12E, we see sales of $333m & EPS of $0.45."
For more ratings news on Cepheid click here and for the rating history of Cepheid click here.
Shares of Cepheid closed at $31.63 yesterday.
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