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Strategies & Market Trends : Guidance and Visibility
AAPL 278.79-0.7%Dec 5 9:30 AM EST

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To: Capt who wrote (108313)2/16/2004 12:03:11 PM
From: Findit  Read Replies (3) of 208838
 
This TRIB news is a little old, but here is it anyway. NEW YORK, February 5 (New Ratings) — Analyst Stephen L Handley of JM Dutton & Associates upgrades Trinity Biotech plc (Dublin: TRIB.I - news)
(TRIB) to "speculative buy." The target price is set to $5.25.

In a research note published this morning, the analyst mentions that Trinity Biotech has received the FDA approval for marketing and labeling its new HIV test. JM Dutton & Associates expects the company's proposed direct sales-force expansion in the US to further boost its sales growth and gross margins expansion in the forthcoming years. The current valuation of Trinity Biotech's stock is attractive, following the recent share price weakness, the analyst believes.

© 2004 New Ratings
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