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Veracyte price target raised to $50 from $45 at Guggenheim

Guggenheim analyst Subbu Nambi raised the firm’s price target on Veracyte (VCYT) to $50 from $45 and keeps a Buy rating on the shares. The firm adjusted its models and forecasts for its covered Diagnostics and Life Sciences Tools companies to reflect recent updates from the companies after meetings with management teams.

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