Citi lowered the firm’s price target on QuidelOrtho to $95 from $125 and keeps a Buy rating on the shares post the Q3 report. The analyst cites lower peer multiples for the target following the in-line report.
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Read More on QDEL:
- QuidelOrtho says ‘confident’ in ability to deliver on revenue growth targets
- QuidelOrtho backs FY23 adjusted EPS view $4.85-$5.30, consensus $4.92
- QuidelOrtho reports Q3 adjusted EPS 90c, consensus 60c
- Quidelortho Corporation (QDEL) Q3 Earnings Cheat Sheet
- QuidelOrtho backs FY23 adjusted EPS view $4.85-$5.30, consensus $4.90
