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Fly News Breaks for March 21, 2016
QDEL
Mar 21, 2016 | 07:31 EDT
Canaccord raised its estimates and price target on Quidel as the flu season is accelerating and may not have peaked yet. The firm downgraded the shares on the slow start to the flu season and expectations it would decelerate, but it is seeing an unusual acceleration instead. Canaccord maintains its Hold rating on the stock as they wait to get more confident on the company's pipeline, but raised its price target to $18 from $17 on Quidel shares.
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