Bio-Reference Labs (BRLI) Tops Q3 EPS by 2c

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BofA/Merrill Lynch Downgrades Bio-Reference Laboratories (BRLI) Two-Notches to Underperform (Earlier)

August 28, 2014 11:51 AM EDT

BofA/Merrill Lynch downgraded Bio-Reference Laboratories (NASDAQ: BRLI) from Buy to Underperform with a price target of $32.00 (from $33.00).

Analyst Robert Willoughby said with shares up 27.6% YTD, valuation more than reflects its growth opportunities. The firm sees no upside in the shares amid... More