Hologic (HOLX -1.3%) slips after BAML cut the shares to Neutral on valuation earlier this...

|By:, SA News Editor

Hologic (HOLX -1.3%) slips after BAML cut the shares to Neutral on valuation earlier this morning. The bank says HOLX has ramped up 22% since early December and gotten far ahead of the 10% run-up the medical device group has seen over the same period. That coupled with a lack of catalysts in its FY13 guidance, give the stock limited upside from here. Read more on its earnings call guidance here: Earnings Call Transcript.