Hologic up on Gynesonics acquisition

Hologic

14/10/2024 17:41

** Shares of Hologic Inc  HOLX.O  up 1.3% at $80.8
    ** Hologic to acquire Gynesonics in a deal for about $350
million
    ** Gynesonics, a privately held medical device company,
develops minimally invasive solutions for women's health,
focusing on treatments like the Sonata System for uterine
fibroids
    ** 9 of 19 brokerages rate the stock "hold", 6 "buy", and 4
"strong buy"; their median PT is $88.47
    ** Including session gains, stock up ~$13.41% YTD

 (Reporting by Ankita Bora in Bengaluru)
 ((Ankita.Bora@thomsonreuters.com))