Bio-Rad Labs (BIO) Tops Q1 EPS by 28c

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Bio-Rad Labs (BIO) PT Lifted to $165 at Jefferies

May 6, 2015 8:09 AM EDT

Jefferies analyst Brandon Couillard reiterated a Buy rating and lifted his price target on Bio-Rad Labs (NYSE: BIO) to $165.00 (from $150.00) following much better-than-expected Q1 results.

Couillard commented, "BIO's 1Q15 EPS of $0.61 dusted our view ($0.36) on vastly better profitability, despite a sizable... More