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Fly News Breaks for July 7, 2016
EXAS
Jul 7, 2016 | 13:03 EDT
Craig-Hallum analyst Bill Bonello said recent coverage decisions from Blue Cross and Blue Shield of Kansas and UnitedHealth regarding fecal DNA testing, such as Exact Sciences' Cologuard test, reflect "stale data," noting that neither reference the final USPSTF colon cancer screening recommendation. The analyst, who believes that these coverage updates do not foreshadow future policy decisions, keeps a Buy rating and $18 price target on Exact Sciences shares.
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