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Caris Life Sciences initiated with an Outperform at Wolfe Research

Wolfe Research initiated coverage of Caris Life Sciences (CAI) with an Outperform rating and $32 price target Caris Life Sciences is a high-quality precision oncology company with differentiated therapy selection tests powered by whole-exome and whole transcriptome sequencing, and it delivers “unparalleled” molecular insights to guide personalized cancer treatment, the analyst tells investors in a research note. No other tests on the market provide the depth and breadth of data as WES and WTS, the firm says.

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