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Hologic price target lowered to $65 from $77 at Morgan Stanley

Morgan Stanley analyst Tejas Savant lowered the firm’s price target on Hologic (HOLX) to $65 from $77 and keeps an Equal Weight rating on the shares. Fiscal Q2 results were at the high end of guidance on Skeletal Health supply normalization, which offset Breast Health and Africa HIV testing headwinds, says the analyst, who views Hologic as “not quite out of the woods.”

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