Luminex Corporation Reports First Quarter 2016 Results

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Piper Jaffray Raises Price Target on Luminex Corp. (LMNX) Following Strong 1Q Results

May 3, 2016 8:27 AM EDT

Piper Jaffray maintained a Neutral rating on Luminex Corp. (NASDAQ: LMNX), and raised the price target to $20.00 (from $19.00), following the company's 1Q earnings report. LMNX reported revenue growth to $63.0M, compared to the Street's $61.0M estimate. Adjusted EPS of $0.26 was above the Street's $0.16; a... More