Wedbush Maintains Neutral On Qiagen Shares, $20 PT

In a research report issued today, Wedbush analyst Zarak Khurshid maintained a Neutral rating on Qiagen (NASDAQ:QGEN) with a price target of $20.

Khurshid said, “Expecting in-line sales and EPS. We forecast sales of $336 MM and EPS of $0.27 when QGEN reports 3Q14 results after the market close on Wednesday October 29, 2014. This will be followed by a conference call on at 5pm EST (dial-in 855-272-3518), passcode: 359145#, webcast: Us/Investors/Events-and-Presentations/Conference-Calls. Consensus estimates are for $337 MM in sales and $0.27 in EPS.”

According to, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Zarak Khurshid has a total average return of 3.4% and a 67.7% success rate. Khurshid is ranked #1250 out of 3343 analysts.

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