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Enter Symbol:
 
Abaxis, Inc. (ABAX) [hlAlert]

Rating:
Neutral ABAX

Abaxis, Inc. (ABAX) upgraded to Neutral by BofA/Merrill

Posted on: Monday,  Nov 4, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Neutral Abaxis, Inc. (NASDAQ: ABAX) on 11/04/2013. Previously BofA/Merrill rated Underperform Abaxis, Inc.
(NASDAQ: ABAX) on 02/25/2013., when the stock price was $42.18. Since then, Abaxis, Inc. has lost 14.18% of its value until BofA/Merrill rated ABAX Underperform on 11/04/2013, when the price was $36.20. .

Abaxis, Inc. develops, manufactures and markets portable blood analysis systems for use in any patient-care setting to provide clinicians with rapid blood constituent measurements. The Company's primary product is a system consisting of a compact 6.9 kilogram analyzer and a series of single-use plastic discs called reagent discs containing all the chemicals required to perform a panel of up to 12 tests. The system can be operated with minimal training and performs multiple routine tests on whole blood, serum or plasma using either venous or fingerstick samples.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2014 8:25 AM Sell
None
37.95
as of 12/13/2013
1 Week   
1 Month   
3 Months up  10.55 %
1 YTD up  14.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2013 8:25 AM Hold
None
36.20
2/25/2013 8:25 AM Sell
None
42.18

(*) Stock Price at the time of the recommendation.
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