Sequenom Takes Off Ahead Of Earnings After Soleil Upgrade (SQNM)

Posted in pre-market 
August 4th, 2010

Molecular diagnostics company Sequenom Inc. (NASDAQ: SQNM) is up this morning after just being upgraded by Soleil Securities. As of 8:20 AM EDT, SQNM was up 6.59% to $6.31. The stock has a 52-week range of $2.55 to $8.65 and has already traded 86,940  shares with an average volume of 3.35 million shares.

Soleil upgraded Sequenom to buy from hold, and has upgraded the price target on the stock to $8 from $6. Sequenom has scheduled their earnings call after tomorrow’s close, at 4:30 PM.

-Michael B. Sauter

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