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Biodesix price target lowered to $1.50 from $2.50 at Canaccord

Canaccord analyst Kyle Mikson lowered the firm’s price target on Biodesix (BDSX) to $1.50 from $2.50 and keeps a Buy rating on the shares. The firm said the target decrease is driven by lower near- and long-term revenue estimates after the company posted Q1 results that were below expectations.

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