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OraSure (OSUR) Stock Spikes, Upgraded at Stephens

NEW YORK (TheStreet) -- Shares of OraSure Technologies (OSUR) were jumping 8.41% to $8.51 on heavy trading volume early Monday afternoon as Stephens raised its rating on the stock to "overweight" from "equal weight," the Fly reports.

The firm also upped its price target to $11 from $7.50 on shares of the Bethlehem, PA-based medical device company.

Stephens cited a possible acceleration in the company's product revenue growth, the Fly noted.

OraSure develops and manufactures diagnostic products, oral fluid specimen collection devices, laboratory diagnostic products and other medical...