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Digene at outperform by RBC
Digene Corp. was rated at outperform, above average risk, by RBC Capital Markets analyst William R. Quirk on stronger-than-expected results. Expenses yielded non-GAAP earnings per share of $0.21 compared to the analyst's estimate of $0.13 per share and Street consensus of $0.14. Digene management raised 2007 guidance to $192 million from $188 million. Shares of the Gaithersburg, Md.-based medical testing device company were up $4.30, or 10.72%, at $44.42, on volume of 3,162,508 shares versus the three-month running average of 307,531 shares. (Nasdaq: DIGE)
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