Will This Analyst Upgrade Help Cepheid (CPHD) Stock Today? (Update)

Update (9:35 a.m.): Updated with Tuesday market open information.

NEW YORK (TheStreet) -- Needham upgraded Cepheid  (CPHD) to "buy" from "hold" and set a $50 price target. The firm is more positive on the company following meetings with management.

The stock was up 2.72% to $44.61 at 9:34 a.m. on Tuesday.

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