Jefferies analyst Tycho Peterson raised the firm’s price target on Exact Sciences (EXAS) to $85 from $84 and keeps a Buy rating on the shares. Q3 results “brought plenty of drama” with a 1% revenue miss and 3% guidance cut, but the long-range plan remains intact and there were no meaningful changes to the 2025 setup, including Cologuard Plus, MRD and pivotal blood data, says the analyst, who reiterates shares as a “top pick.”
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Read More on EXAS:
- Exact Sciences price target lowered to $60 from $80 at Evercore ISI
- Exact Sciences weakness after guidedown a buying opportunity, says Benchmark
- Exact Sciences price target lowered to $67 from $82 at Stifel
- Exact Sciences price target lowered to $65 from $82 at BTIG
- Exact Sciences price target lowered to $82 from $90 at TD Cowen
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