tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Idexx Laboratories initiated with a Neutral at UBS

UBS analyst Andrea Alfonso initiated coverage of Idexx Laboratories (IDXX) with a Neutral rating and $720 price target Top-line estimates already sufficiently credit new cytology launches and the customer ramp outside the U.S., the analyst tells investors in a research note. The firm’s survey work suggests mixed adoption for the inVue analyzer but even with conservative inputs, UBS is modeling inVue alone driving 1%-2% annual contribution on top of platforms still growing, suggesting multiple levers.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1