Morgan Stanley raised the firm’s price target on Personalis (PSNL) to $9 from $5 and keeps an Equal Weight rating on the shares after the company announced Medicare coverage of its ultrasensitive NeXT Personal test for surveillance of cancer recurrence in breast cancer patients.
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Read More on PSNL:
- Personalis price target raised to $12 from $6 at Guggenheim
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- Personalis Secures Medicare Coverage for NeXT Personal MRD Test, Positioning for Growth in Underpenetrated $20 Billion Market
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