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BTIG Initiates Fulgent Genetics At Buy; Co. Is A 'Rare Find' In Genetics
Monday, October 24, 2016 - 8:38am | 358BTIG’s Karen Koski believes the proprietary technology platform of Fulgent Genetics Inc (NASDAQ: FLGT) “drives multiple sustainable competitive advantages, including a broad and flexible test menu and an attractive cost structure.” Koski initiated coverage of the company with a...
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BTIG Downgrades OraSure Technologies To Neutral Citing Valuation
Monday, September 19, 2016 - 8:36am | 261BTIG has downgraded OraSure Technologies, Inc. (NASDAQ: OSUR) to Neutral, as the brokerage looks for a better entry point into the shares. Shares have materially outperformed BTIG's comp group of profitable small-cap diagnostics companies (+34 percent year-to-date versus the group's -18 percent...
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BTIG Sees Another Bidder For Cepheid 'Unlikely'
Wednesday, September 7, 2016 - 11:22am | 310BTIG sees competing bids for Cepheid (NASDAQ: CPHD) unlikely following its deal to be acquired by Danaher Corporation (NYSE: DHR) for $53 a share in cash. "Though the purchase price is essentially in line with CPHD's 52-week high ($53.19), we think its implied multiple of ~6x EV/NTM Sales is fair...
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BTIG Thinks Agilent's Transformation Is In The Early Innings
Thursday, August 18, 2016 - 10:25am | 399BTIG maintains its Buy rating on Agilent Technologies Inc (NYSE: A,) saying that the company's transformation is in its early stages and any weakness in shares on "conservative" fourth-quarter guidance offers a buying opportunity. Agilent reported third-quarter adjusted EPS of $0.49, which was $0....
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T2 Biosystems Cut From Buy To Sell At BTIG
Friday, July 8, 2016 - 8:36am | 283BTIG’s Karen Koski expressed concern regarding T2 Biosystems Inc (NASDAQ: TTOO), which reported another quarter of weak T2Dx placement, as well as cartridge manufacturing issues, extended timeline for the completion of the T2Bacteria trial and the mixed commentary at ASM. Koski downgraded the...
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Intuitive Surgical Shares Downgraded To Neutral At BTIG
Friday, April 1, 2016 - 11:06am | 188BTIG issued a note on Intuitive Surgical Inc. (NASDAQ: ISRG) after recent analysis showed limited share appreciation in the near term due to a high valuation. Analysts downgraded Intuitive Surgical to Neutral while a price target is currently unavailable. Analysts Sean Lavin and Karen Koski...
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Promising Zika Research Fuels Cerus Stock Surge
Thursday, January 28, 2016 - 4:54pm | 468Shares of Cerus Corporation (NASDAQ: CERS) were trading up 4.2 percent Thursday as news of research that successfully inactivated the Zika virus in human blood circulated among traders. BTIG analysts Karen Koski, Dr. Sean Lavin and Andrea Alfonso reiterated their "buy" rating for...