Genomic Health (GHDX) Prelim. Q4, FY15 Revenues Miss Expectations

Go back to Genomic Health (GHDX) Prelim. Q4, FY15 Revenues Miss Expectations

Genomic Health (GHDX) Plans Oncotype SEQ Launch for mid-2016

January 11, 2016 8:17 AM EST

Genomic Health, Inc. (Nasdaq: GHDX) announced plans to launch its first liquid biopsy test, Oncotype SEQ, in mid-2016. The test is a blood-based mutation panel that uses next-generation sequencing to identify select actionable genomic alterations for the treatment of patients with late-stage lung, breast, colon, melanoma, ovarian or gastrointestinal cancer. As a fit-for-purpose panel, Oncotype SEQ is designed... More

Piper Jaffray Downgrades Genomic Health Inc. (GHDX) to Neutral

January 11, 2016 6:48 AM EST

Piper Jaffray downgraded Genomic Health Inc. (NASDAQ: GHDX) from Overweight to Neutral with a price target of $32.00 (from $36.00) as they shift their focus to 2017.

Analyst William Quirk commented: "We are downgrading Genomic Health on a contrarian call as we look beyond the 2016 reacceleration to 2017 expectations. We... More