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Exact Sciences price target lowered to $65 from $75 at BTIG

Exact Sciences price target lowered to $65 from $75 at BTIG

BTIG lowered the firm’s price target on Exact Sciences (EXAS) to $65 from $75 but keeps a Buy rating on the shares after its Q4 results and guidance. The quarter was not a major surprise to the bar set for 2025, but the pivotal data readout for the company’s CRC blood test in mid-2025 is a major catalyst for the stock, even though there could be some competitive dynamics that may weigh on the stock in the near term, the analyst tells investors in a research note.

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