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OncoCyte price target raised to $8 from $5 at Lake Street

Lake Street analyst Thomas Flaten raised the firm’s price target on OncoCyte (OCX) to $8 from $5 and keeps a Buy rating on the shares after the company announced CMS “substantially” increased the reimbursed rate for GraftAssureCore to $2,753. The firm believes this “augurs well” for future GraftAssureDx pricing, so it has raised estimates, the analyst tells investors.

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