Veracyte (VCYT) Tops Q4 EPS by 1c

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Go back to Veracyte (VCYT) Tops Q4 EPS by 1c

Leerink Partners Remains Bullish as Low Operating Expenses Drives Veracyte's (VCYT) EPS Beat

March 11, 2016 10:02 AM EST

Leerink Partners maintained an Outperform rating on Veracyte, Inc (NASDAQ: VCYT), and cut the price target to $8.00 (from $11.00), following the company's 4Q earnings report. VCYT reported Q4 revenue of $14M, below consensus of $14.3M. Also, Q4 loss per shares of ($0.29) was better than consensus... More