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Fly News Breaks for March 18, 2016
OSUR
Mar 18, 2016 | 07:36 EDT
Canaccord said the risk/reward for OraSure is skewed to the upside. The firm said the company is highly active in looking to deploy its cash on the balance sheet and almost did two M&A deals in 2015. OraSure said its focus will be on expanding profitability and is driving strong growth from its molecular collections subsidiary. Canaccord reiterated its Buy rating and raised its price target to $9 from $8 on OraSure shares.
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