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Fly News Breaks for October 12, 2017
NSTG
Oct 12, 2017 | 05:51 EDT
Cowen analyst Doug Schenkel downgraded NanoString Technologies to Market Perform and cut his price target for the shares to $13 from $18.50. "Several things" appear to be trending in the wrong direction after the company preannounced a "huge" Q3 miss, Schenkel tells investors in a research note. The analyst says a turnaround at the company "does not seem imminent."
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