This veterinary diagnostics company has seen 6 negative estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This suggests trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s rally can last.
IDEXX Laboratories currently has a Zacks Rank #3 (Hold).
Investors interested in the Med-Products industry may consider a better-ranked stock like Cepheid (CPHD) that carries a Zacks Rank #2 (Buy).
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