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NVTA

Invitae

$9.60

0.05 (0.52%)

16:55
08/18/17
08/18
16:55
08/18/17
16:55

Invitae files to sell 10.75M shares of common stock for holders

NVTA Invitae
$9.60

0.05 (0.52%)

08/04/17
LTCO
08/04/17
DOWNGRADE
LTCO
Neutral
CombiMatrix downgraded to Neutral from Buy at Ladenburg
Ladenburg Thalmann analyst Kevin Degeeter downgraded CombiMatrix (CBMX) to Neutral citing the takeover by Invitae (NVTA).
08/02/17
AGIS
08/02/17
NO CHANGE
Target $8.33
AGIS
Buy
CombiMatrix deal confusion presents arbitrage opportunity, says Aegis
Aegis analyst Benjamin Haynor noted that SEC filings related to the agreement for CombiMatrix (CBMX) to be acquired by Invitae (NVTA) present two formulas for the calculation of the exchange ratio, which he believes is causing some confusion, creating an arbitrage opportunity. He reiterates his Buy rating on CombiMatrix and raised his price target on the stock to $8.33 from $8.10, adding that the post-announcement rise in Invitae shares may make his target conservative if that move up holds.
05/08/17
05/08/17
NO CHANGE

Invitae reports Q1 EPS (64c), consensus (66c)
Reports Q1 revenue $10.3M, consensus $10.9M.
04/03/17
BNCH
04/03/17
NO CHANGE
Target $16
BNCH
Buy
Invitae price target raised to $16 from $11 at Benchmark
Benchmark analyst Raymond Myers noted that Invitae (NVTA) has contracted with Cigna (CI), Aetna (AET) and United Healthcare (UNH) over the past nine months to expand to 175M lives by year-end and following what may be some "short-term issues" he sees "exciting visibility" to an accelerating revenue outlook for the second half of 2017. Myers increased his price target on Invitae to $16 from $11 citing its substantial improvement in reimbursement and keeps a Buy rating on the shares.

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