NEW YORK (GenomeWeb) – Barclays has initiated coverage of Genomic Health, Quidel, and Cepheid while it upgraded Hologic's stock to Equal Weight.

In a research note, analyst Jack Meehan rated Genomic Health Underweight with a price target of $25 per share. "[O]pportunities for profitability are further out," he said, noting that he prefers other companies offering "more robust and better validated tests" for prostate cancer prognosis.

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