Cepheid breaks out above its 10-day moving average, levels to watch The stock is up over 6.4% on no specific news, making a technical breakout above its 10-day moving average. The 10-day was last at $32.20 and is now major support. Next resistance is at $33.33., the recent range highs for the shares and a pivot area.
Cepheid upgraded to Buy from Hold at Craig-Hallum Craig-Hallum upgraded Cepheid to Buy and raised its price target to $75 from $52. The firm said Cepheid is rapidly expanding its clinical offering and customer reach and is emerging as the leading platform for molecular diagnostics.