Cepheid (CPHD) Reports Q4 EPS of 7c, Offers FY16 Guidance

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Leerink Partners Reiterates Market Perform on Cepheid (CPHD) Following 4Q

February 3, 2016 8:51 AM EST

Leerink Partners reiterated a Market Perform rating on Cepheid (NASDAQ: CPHD), and cut the price target to $33.00 (from $39.00), following the company's 4Q earnings report. CPHDs reported revenue of $147M was in-line with the Street's forecast of $147M. Higher-than-consensus clinical systems sales were offset... More