Leerink, Canaccord Initiate Coverage of HTG Molecular | GenomeWeb

NEW YORK (GenomeWeb) – Leerink Partners and Canaccord Genuity today initiated coverage of HTG Molecular Diagnostics. Leerink gave the firm's shares an "Outperform" rating and an $18 price target while Canaccord gave them a "Buy" rating with a $17 price target.

Canaccord analyst Mark Massaro said in a report that HTG has the opportunity to be a leading player in the approximately $27 billion molecular profiling market, especially for oncology, which he estimated was more than $15 billion.

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