Luminex Corp. (LMNX) Tops Q2 EPS by 16c

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Wedbush Upgrades Luminex (LMNX) to Outperform

August 4, 2015 7:45 AM EDT

Wedbush upgraded Luminex (NASDAQ: LMNX) from Neutral to Outperform with a price target of $22.00 (from $19.00) following solid Q2 results, improving fundamentals, underappreciated FCF and new CEO inspiring confidence.

Analyst Zarak Khurshid commented, "Upgrading from NEUTRAL to OUTPERFORM on better execution, end... More