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Fly News Breaks for November 12, 2018
HTGM
Nov 12, 2018 | 08:50 EDT
Craig-Hallum analyst Alexander Nowak initiated HTG Molecular with a Buy rating and $7.50 price target, stating that the company's products, services and solutions for companion drugs and diagnostics for cancer are "sticky" because the company gets itself included on the drug label and all labs then need to use their product for the approved companion drug. Nowak believes HTG's EdgeSeq product suite creates a standardized, automated workflow that can be adopted across a range of clinical labs.
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