UPDATE: JMP Securities Initiates Coverage on Cepheid on Market Leader Position

In a report published Wednesday, JMP Securities analyst J.T. Haresco initiated coverage on Cepheid (NASDAQ: CPHD ) with a Market Perform rating. In the report, JMP Securities noted, “We are initiating coverage of Cepheid with a Market Perform rating. The company is the market leader in the Hospital-Acquired Infection (HAI)