InVitae (NVTA) Misses Q3 EPS by 1c

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3Q Revenue Miss on InVitae (NVTA) Drives Leerink Partners to Cut Price Target to $14

November 6, 2015 10:18 AM EST

Leerink Partners maintained an Outperform rating on Invitae Corporation (NYSE: NVTA), and cut the price target to $14.00 (from $20.00), following the company's 3Q earnings report. 3Q revenue of $2.2M was 11% below consensus. Reported EPS of ($0.71) came in just under consensus of ($0.70).

Analyst Dan Leonard... More