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Natera initiated with an Outperform at RBC Capital

Natera initiated with an Outperform at RBC Capital

RBC Capital analyst Conor McNamara initiated coverage of Natera (NTRA) with an Outperform rating and $251 price target The firm says Natera is the market leader in non-invasive prenatal testing and cancer screening with multiple approved and developing tests. The company also offers tests in organ transplant, and plans to bring cancer tests to market for early cancer screening and selection, the analyst tells investors in a research note. RBC believes Natera technology and innovation “puts it ahead of the curve” in these cancer testing opportunities.

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