Fluidigm (FLDM) Tops Q1 EPS by 13c

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Mizuho Securities Raises Price Target on Fluidigm (FLDM) to $11; Reiterates Buy

May 5, 2016 1:05 PM EDT

Mizuho Securities reiterated a Buy rating on Fluidigm Corporation (NASDAQ: FLDM), and raised the price target to $11.00 (from $8.00), following the company's 1Q earnings report. Both instrument and consumables revenue came in ahead of estimates. Despite the beat and a slightly better FX outlook, top-line... More