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Bullish Case: Strong historical performance, significant increase over five years, and current bullish risk outpacing bearish risk align for potential upside.


Bearish Case: Insider selling, high price-to-book ratio, and recent price declines suggest overvaluation and potential corrections.


Potential Outcomes:

1. Rebound on historical strength (40%).

2. Correction amid selling, overvaluation (30%).

3. Sideways on mean reversion, low volume (30%).


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April 09, 2024


Idexx Laboratories Forecast

IDXX        Idexx Laboratories
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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