Quidel Corp (QDEL) Tops Q2 EPS by 16c, Beats on Revenue

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Quidel Corp. (QDEL) PT Lowered to $44 at Citi

August 1, 2024 9:27 AM EDT

Citi analyst Patrick Donnelly lowered the price target on Quidel Corp. (NASDAQ: QDEL) to $44.00 (from $48.00) while maintaining a Neutral rating.

The analyst comments "QDEL reported 2Q24 revenue of $637mn vs consensus of $614mn with adj. EBITDA/margin of $89.9mn/14% ahead of consensus... More