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Fly News Breaks for November 3, 2017
GNMK
Nov 3, 2017 | 09:29 EDT
Canaccord analyst Mark Massaro lowered his price target on GenMark to $10 from $14 following mixed Q3 results. The analyst also has forecasts well below consensus for Q4, citing lower utilization of ePlex placements in Europe and more of a shift to reagent rentals vs. capital placements. Massaro maintained his Buy rating on GenMark shares as he said his long-term thesis remains intact.
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