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Exact Sciences (EXAS) PT Raised to $33 at Goldman Sachs, "Product Cycle Accelerates"

April 30, 2017 2:33 PM EDT
Get Alerts EXAS Hot Sheet
Price: $58.86 +1.99%

Rating Summary:
    20 Buy, 9 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 2 | New: 35
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Goldman Sachs raised its price target on Exact Sciences (NASDAQ: EXAS) to $33.00 (from $21.00) while maintaining a Neutral rating.

Analyst Issac Ro raises EXAS PT on the heels of higher estimates. He models GMs of 64.8 percent for FY 2017 and anticipates profitability before the end of FY 2018.

FY 2017 EPS estimate rises from a loss of $1.49 to a loss of $1.30, FY 2018 EPS estimate rises from a loss of $0.82 to a loss of $0.61 and FY 2019 EPS estimate rises from $0.29 to $0.30.



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