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Fly News Breaks for February 20, 2020
NVTA
Feb 20, 2020 | 07:52 EDT
Cowen analyst Doug Schenkel raised his price target on Invitae to $30 from $20 following Q4 results which were inline with its preannouncement. The analyst noted that volume growth was strong across all diagnostic areas and that 2020 guidance was reiterated. He continues to believe Invitae is has high growth potential and is well-positioned to continue its momentum in 2020. Schenkel reiterated his Outperform rating on Invitae shares.
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