BTIG raised the firm’s price target on MDxHealth (MDXH) to $7 from $6 and keeps a Buy rating on the shares. The company drove a big uplift in its liquid-based test volumes in Q3 in part due to strength from its Resolve test and new contribution from its recently acquired ExoDx test, which the company recently acquired from Bio-Techne, the analyst tells investors in a research note. MDxHealth’s reported Q3 was also highlighted by robust volume growth, the firm added.
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