2021-02-22 08:08:31 OCDX Ortho Clinical Diagnostics
02/22/21 02/2208:08 02/22/2108:08 | Ortho Clinical Diagnostics initiated with an Overweight at Morgan StanleyMorgan Stanley analyst Tejas Savant initiated coverage of Ortho Clinical Diagnostics with an Overweight rating and $24 price target. The company, a "leading player in the global IVD market," has a differentiated offering and a consumables-led business model that should allow for "reliable" mid-single digit percentage top-line growth, Savant tells investors. The analyst also sees margin expansion and deleveraging driving double-digit percentage EPS growth for Ortho Clinical. |
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