Needham & Co. Upgrades Cepheid (CPHD) And Says It Will Rise 30%
By Benzinga Staff
October 14, 2009 6:52 AM
October 14, 2009 6:52 AM
Needham & Co. upgrades Cepheid (Nasdaq: CPHD) from Hold to Buy. Needham thinks Cepheid will rise close to 31% as it slapped a $17 price target on the stock. Cepheid closed yesterday at $13.17.
Needham upgraded CPHD after Cepheid's Q3 results beat Needham's expectations.
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