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Fly News Breaks for August 2, 2017
GNMK
Aug 2, 2017 | 07:45 EDT
Canaccord analyst Mark Massaro noted GenMark announced in-line Q2 results and reiterated its 2017 guidance. He characterized the ensuing selloff as "moderately irrational" given there was no change to his thesis. The analyst believes the company is well positioned to penetrate its market and scale it new platform with its strong sales team. Massaro reiterated his Buy rating and $17 price target on GenMark shares.
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