** TP ICAP Midcap upgrades French biotechonology firm bioMérieux BIM.PA to "buy" from "hold", citing a severe flu season in the U.S. as a positive catalyst for the group
** It points to the U.S. CDC data showing hospitalisations at their highest since 2010-2011, with an expert calling it "one of the worst since before COVID"
** This trend is seen benefiting bioMérieux's BioFire division, whose respiratory panels could see double-digit growth in the fourth quarter of 2025, TP ICAP Midcap adds
** It says the severe flu season should help the company reach the upper end of its 2025 revenue guidance or even exceed it, offsetting persistent weakness in the Chinese market
** Out of 12 analysts covering Biomerieux, seven rate the stock "strong buy" or "buy," five rate "hold" and no analysts rate the stock "strong sell" or "sell" - LSEG data
(Reporting by Mathias de Rozario in Gdansk)
((mathias.derozario@thomsonreuters.com))