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Fly News Breaks for November 2, 2017
OSUR
Nov 2, 2017 | 05:23 EDT
Jefferies analyst Brandon Couillard downgraded OraSure to Hold saying the "abrupt" early termination of the company's first major international hepatitis C virus government eradication contract diminishes the outlook. He believes the contract was with Egypt. Competitive displacement from low-cost lab options is a new concern, Couillard tells investors in a post-earnings research note. He cut his price target for OraSure shares to $17 from $23.
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