Natera (NTRA) Tops Q4 EPS by 17c, FY Revenue Guidance Comes in Light

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Go back to Natera (NTRA) Tops Q4 EPS by 17c, FY Revenue Guidance Comes in Light

Piper Jaffray Cuts Price Target on Natera (NTRA) Following a 4Q Upside

March 9, 2016 7:10 AM EST

Piper Jaffray maintained an Overweight rating on Natera (NASDAQ: NTRA), and cut the price target to $22.00 (from $24.00), following the company's 4Q earnings report. Revenue increased 6% yoy to $52.9M, well above consensus' $45.2M estimates. Adjusted EPS of ($0.31) was $0.33 above Street consensus' ($0.64) estimate.

Analyst William Quirk commented, "Nateras 4Q15... More