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Myriad Genetics price target lowered to $7 from $16 at UBS

UBS analyst Lu Li lowered the firm’s price target on Myriad Genetics (MYGN) to $7 from $16 and keeps a Neutral rating on the shares. Myriad Genetics reported a Q1 miss and guidance reduction as headwinds persist longer, the analyst tells investors in a research note.

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