Why Quidel Was Trouncing the Market on Tuesday

On Tuesday, Quidel (NASDAQ: QDEL) was a bright spot in a generally downbeat and gloomy stock market. Shares of the healthcare-diagnostics specialist were up by more than 6% in late afternoon trading, following an extremely bullish new research note from an analyst.

The raging bull is Raymond James prognosticator Andrew Cooper. Tuesday morning, Cooper upgraded his recommendation on the stock from buy to strong buy, while boosting his price target to $150 per share from the previous $130.

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Source Fool.com