Capstone Downgrades Alere (ALR) as Triage Recall Begins

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/24/2026

1. CBRS
2. FDX
3. KBH
4. HON
5. HTZ
6. MRK
7. TTWO
8. USO
9. QCOM
10. INFY

May 23, 2012 12:04 PM EDT
Get Alerts ALR Hot Sheet
Price: $1.32 --0%

Rating Summary:
    6 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 4 | Down: 6 | New: 31
Join SI Premium – FREE
Capstone Investments' John Putnam downgraded shares of Alere (NYSE: ALR) heading into Wednesday's afternoon session following an earlier SEC filing which disclosed the company has begun its recall of some 104 lots of its Triage products. The analyst now rates the stock a Hold, down from Buy previously. A $32 price target was maintained.

Alere shares are down more than 3 percent to $18.13 at last check.

For an analyst ratings summary and ratings history on Alere click here. For more ratings news on Alere click here.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades

Related Entities

Putnam Investments, Capstone Investments