Hologic Announces Financial Results for Third Quarter of Fiscal 2016

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Evercore ISI Upgrades Hologic (HOLX) to Buy

July 28, 2016 6:23 AM EDT

Evercore ISI upgraded Hologic (NASDAQ: HOLX) from Hold to Buy with a price target of $42.00 (from $38.00).

Analyst Vijay Kumar highlighted:

Increased confidence in MSD topline + DD EPS trajectory and valuation disparity vs. peers causes us to move to Buy

After holding a Buy rating on HOLX... More

Hologic (HOLX) Tops Q3 EPS by 3c; Raises Outlook

July 27, 2016 4:03 PM EDT

Hologic (NASDAQ: HOLX) reported Q3 EPS of $0.51, $0.03 better than the analyst estimate of $0.48. Revenue for the quarter came in at $717.4 million versus the consensus estimate of $704.27 million.

"We posted very good results across the board in our fiscal third quarter," said Steve MacMillan, Hologic's... More