TD Cowen analyst Dan Brennan lowered the firm’s price target on Exact Sciences (EXAS) to $82 from $90 and keeps a Buy rating on the shares. The firm said they reporrted a modest 3Q miss and a material guidance cut for 4Q as Commercial execution, weather (hurricanes) and slower productivity ramp were cited.
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Read More on EXAS:
- Exact Sciences price target lowered to $67 from $70 at Baird
- Exact Sciences price target lowered to $75 from $88 at BofA
- Exact Sciences price target lowered to $75 from $80 at Citi
- Exact Sciences price target lowered to $75 from $95 at Canaccord
- Exact Sciences Reports Strong Q3 Performance and Pipeline Advances