Veracyte (VCYT) Misses Q2 EPS by 4c

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Piper Jaffray Trims PT on Veracyte (VCYT) to $12, Maintains 'Overweight'

August 14, 2015 7:33 AM EDT

Piper Jaffray analyst William Quirk reiterated an Overweight rating but trimmed his price target on Veracyte, Inc (NASDAQ: VCYT) to $12.00 (from $13.00) following Q3 results and outook.

Quirk commented, "Veracyte reported a 37.2% yoy revenue increase to $11.9M, above our $11.7M estimate, but below... More