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Essay heading: Abi Initiation
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Issue: Technology
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Date added: August 11, 2008
No of pages / words: 2 / 453
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In mass spectrometry, we expect continued gains in ABI's triple quad MS franchise as pharmas and CROs advance molecules into clinical testing; the new FlashQuant should help ABI penetrate earlier-stage research, where it has not been as strong. We expect $39 - $40 in a year on ABI shares. ABI shares have underperformed the market and its life science tools peer group significantly so far in calendar 2007...
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ABI shares have underperformed the market and its life science tools peer group significantly so far in calendar 2007. We think that with improved clarity on the key new product launch, with good management execution, and with continued good uptake from lab researcher and applied markets customers, $39 - $40 per share is reasonable to expect in a year...
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