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Fly News Breaks for October 21, 2015
HOLX
Oct 21, 2015 | 08:44 EDT
Craig-Hallum downgraded Hologic to Hold from Buy and lowered its price target to $37 from $42. Analyst Bill Bonello said new guidelines from the American Cancer Society for mammography screening could result in fewer annual mammography procedures performed. Bonello believes reduced demand will have a negative impact on mammography equipment purchase trends and on Hologic shares.
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