Sequenom Announces Contract with Anthem BlueCross
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Piper Jaffray Cuts Price Target on Sequenom (SQNM) as Guidance is Below Street
March 3, 2016 8:46 AM ESTPiper Jaffray maintained a Neutral rating on Sequenom (NASDAQ: SQNM), and cut the price target to $2.10 (from $2.40), following the company's 4Q earnings report. Sequenom's 4Q15 revenue decreased 24.5% yoy to $27.8M, in line with preliminary results ($27.5M). EPS of ($0.10) came in line with the Street's estimate. 2016... More
