BillionToOne price target lowered to $140 from $160 at BTIG

BTIG lowered the firm’s price target on BillionToOne (BLLN) to $140 from $160 and keeps a Buy rating on the shares. The company hosted a very upbeat Q4 earnings call whereby the management delivered a significant beat to its pre-announce and raised its 2026 guidance just seven weeks after setting its initial bar due to strong momentum in the business, the analyst tells investors in a research note. The firm adds however that its price target cut reflects a downtick in multiples in growth stocks in recent weeks.