Close Menu

NEW YORK – Cowen on Tuesday upgraded Hologic's stock to Outperform from Market Perform and increased the share-price target to $64 from $55.

In a research note, Cowen analyst Chris Lin said that largely as a result of demand for COVID-19 testing, Hologic is on track to place about 500 Panther systems this year, about double its recent annual run rate. "While these placements are primarily driven by COVID-19 testing needs in the near term, we believe labs will continue to utilize these instruments once COVID-19 testing abates," Lin said.

To read the full story....

...and receive Daily News bulletins.

Already have a GenomeWeb or 360Dx account?
Login Now.

Don't have a GenomeWeb or 360Dx account?
Register for Free.

Nature News reports on how meeting cancellations and related costs are affecting scientific societies.

In a new ruling, Canada's Supreme Court upheld the country's genetic non-discrimination law, the Canadian Press reports.

COVID-19 vaccine developers aim to avoid a complication that has affected efforts to develop vaccines for other diseases, the Wall Street Journal reports.

In PLOS this week: analysis of insertions throughout Shigella genomes, antigen production in malaria parasites, and more.