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Response Genetics, Inc Message Board

  • twm48976 twm48976 Aug 8, 2013 3:49 PM Flag

    RGDX Response Genetics target raised to $2.75 at Ladenburg Thalmann as revenue growth gathers momentum

    08-Aug-13 14:35 ET

    RGDX


    Response Genetics target raised to $2.75 at Ladenburg Thalmann as revenue growth gathers momentum (2.02 -0.24)

    Ladenburg Thalmann raises their RGDX tgt to $2.75 from $1.75 based on the top line growth story, co's competitive cost structure, and the fact that 2Q13 gross margins of 49% is among the highest in oncology testing services group. The firm's core thesis for RGDX remains unchanged: it views co as a restructuring story entering the midpoint of its turnaround strategy.

    Sentiment: Strong Buy

 
RGDX
0.87-0.01(-1.14%)10:23 AMEDT

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