JP Morgan Downgrades Genomic Health to Underweight

Dec 13, 2017

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NEW YORK (GenomeWeb) – JP Morgan has downgraded Genomic Health to Underweight from Neutral, citing a slower than expected coverage expansion for the company's prostate cancer test, and a "tepid" outlook for the company's core breast cancer testing business.

The investment bank also lowered the price target on Genomic Health's stock price to $25 from $28.

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JP Morgan Downgrades Genomic Health to Underweight

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