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Fly News Breaks for October 30, 2019
EXAS
Oct 30, 2019 | 08:10 EDT
Jefferies analyst Brandon Couillard lowered his price target for Exact Sciences to $120 from $138 saying the stock will likely open lower on the lack of upside to the company's 2019 guidance. The outlook implies "muted" quarter-over-quarter growth in Q4, says the analyst, who largely attributes this to seasonality caution and a few other transitory dynamics. He keeps a Buy rating on Exact Sciences.
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