Alere (ALR) Reports In-Line Q2 EPS

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Leerink Partners Raises Price Target on Alere (ALR) to $55 Following 2Q Results

August 5, 2015 10:05 AM EDT

Leerink Partners reiterated a Market Perform rating on Alere (NYSE: ALR), and raised the price target to $55.00 (from $50.00), following 2Q results. ALR delivered 2Q revenue of $629M, slightly beating consensus of $625M. Adjusted EPS of $0.54 was in line with the Street... More