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Fly News Breaks for September 13, 2018
HOLX
Sep 13, 2018 | 06:22 EDT
BofA/Merrill analyst Derik de Bruin downgraded Hologic (HOLX) to Neutral from Buy and lowered its price target to $42 from $47 following last night's 8-K filing updating the impact from the Vitalia recall and now expects a $15M hit and lowered sales of MonaLisa Touch. de Bruin is concerned about the ongoing lack of visibility, the continued headwinds, and uncertainty surrounding the Quest Diagnostics (DGX) contract renewal.
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