Veracyte Announces Data to be Presented at PFF Summit 2015 Highlighting IPF Diagnostic Challenges and Potential of New Genomic-Based Testing Approaches

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Veracyte (VCYT) to See Possible Medicare Payment Cut; Leerink Partners Cuts Price Target to $11

November 6, 2015 8:24 AM EST

Leerink Partners maintained an Outperform rating on Veracyte, Inc (NASDAQ: VCYT), and cut the price target to $11.00 (from $13.00), following the company's 3Q earnings report. VCYT reported Q3 revenue of $12.3M, slightly below the Streets $12.6M. VCYT noted some additional wins with Blues plans in the... More