TD Cowen analyst Dan Brennan raised the firm’s price target on NeoGenomics (NEO) to $14 from $13 and keeps a Buy rating on the shares. The firm said they reported a modest beat and raise in 1Q including 23% NGS growth. While the beat was driven by ASP upside, given concerns into results about a weather-induced miss, Cowen expectsresults to be well received.
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Read More on NEO:
- NeoGenomics Buy Rating Reaffirmed as Growth and Profitability Improve; $15 Price Target Maintained
- Leerink upgrades NeoGenomics to Outperform, raises target to $25
- NeoGenomics upgraded to Buy from Hold at Benchmark
- NeoGenomics upgraded to Outperform from Market Perform at Leerink
- NeoGenomics reports Q1 adjusted EPS 1c, consensus 0c
