Hologic Announces Financial Results for Fourth Quarter of Fiscal 2017

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Hologic (HOLX) PT Lowered to $48 at Piper Jaffray Following 4Q Release

November 9, 2017 8:19 AM EST

Piper Jaffray lowered its price target on Hologic (NASDAQ: HOLX) to $48.00 (from $51.00) while maintaining a Overweight rating following the company's 4Q earnings report. Hologic reported a 10.5% 4Q17 revenue increase to $802.9M, above $793M consensus. Adjusted EPS of $0.50 beat the Street's $0.49 forecast. Hologic issued 2018 revenue... More