Cantor Fitzgerald Initiates Coverage of Trovagene with Buy Rating | GenomeWeb

NEW YORK (GenomeWeb News) – Cantor Fitzgerald on Monday initiated coverage of molecular diagnostics firm Trovagene with a Buy rating and a $10 price target on the company's stock.

In a research report, analyst Sung Ji Nam said that the San Diego-based firm's technology platform is capable of analyzing systemic cell-free DNA and RNA isolated from urine and could be used as a non-invasive diagnostic with applications across multiple disease areas and health conditions, including cancer, infectious diseases, transplant medicine, and prenatal diagnostics.

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