Goldman Sachs Initiates Coverage of Exact Sciences with Buy Rating | GenomeWeb

NEW YORK (GenomeWeb) – Goldman Sachs today initiated coverage of Exact Sciences with a Buy rating, calling the company's colorectal cancer screening test "the best new product cycle in our coverage."

In a report, analyst Isaac Ro gave Exact Sciences' shares a six-month price target of $19 and noted three catalysts to the molecular diagnostic firm's stock — US Food and Drug Administration approval and Centers for Medicare and Medicaid Services reimbursement; a concentrated sales channel that is undervalued; and an undemanding valuation on the company's shares.

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In PLOS this week: researchers explore the transfer of host genetic material into viruses, and more.

It's too difficult to correct or retract a flawed scientific paper, researchers write in Nature.

A proposed bill would require NSF to only fund research that's in "the national interest."

Australia's Commonwealth Scientific and Industrial Research Organisation plans to eliminate up to 350 jobs.

Mar
03
Sponsored by
Agilent Technologies

This webinar will discuss the use of a hybrid capture-based FFPE DNA sequencing methodology with the potential for advancing precision oncology studies.