Raymond James analyst Andrew Cooper downgrades Exact Sciences (NASDAQ:EXAS) from Strong Buy to Outperform and lowers the price target from $160 to $130.
Exact Sciences (NASDAQ:EXAS) reported quarterly losses of $(0.79) per share which beat the analyst consensus estimate of $(0.85) by 7.06 percent. This is a 1028.57 percent decrease over losses of $(0.07) per share from
Companies Reporting Before The Bell
• Thomson Reuters (NYSE:TRI) is expected to report quarterly earnings at $0.48 per share on revenue of $1.86 billion.
Biotech stocks rose a third week running in the week ending Oct. 29 amid positive reaction to earnings. Big pharma earnings were mostly better than expected.
Exact Sciences (NASDAQ:EXAS) shares are trading higher after the company announced an expansion of its primary care sales team with the addition of former Pfizer sales representatives.
On September 15, 2021, Exact Sciences Corporation (“Exact Sciences”) announced it has expanded its primary care sales team to increase adoption of Cologuard®, the first and only FDA-approved, at-home
Exact Sciences Corp. (NASDAQ: EXAS) announced today that it has entered into a collaboration agreement with the National Surgical Adjuvant Breast and Bowel Project (NSABP), a cooperative group founded by the National Cancer Institute (NCI).
Small-cap stocks have a history of outperforming large-cap names as they have the potential for rapid growth and have event-driven moves for share prices.
A company focused on cancer screening and diagnostic tests has outperformed some of the largest healthcare companies over the last five years and went from small-cap to a market cap of more than $18 billion.