Exact Sciences Announces Agreement to Sell 7,000,000 Common Shares
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Exact Sciences (EXAS) PT Lowered to $38 at Canaccord Genuity After Selling 7M Shares
June 8, 2017 11:33 AM EDTCanaccord Genuity lowered its price target on Exact Sciences (NASDAQ: EXAS) to $38.00 (from $40.00) while maintaining a Buy rating. EXAS announced a raise of 7M shares of common stock at $35/share, to add $245M in gross proceeds and raise its cash balance to ~$500M.... More
