Exact Sciences (EXAS) Tops Q2 EPS by 3c, Revs Miss; Maintains Outlook

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Exact Sciences (EXAS) PT Lowered to $65 at Cowen; Buy on Weakness

August 2, 2018 7:56 AM EDT

Cowen lowered its price target on Exact Sciences (NASDAQ: EXAS) to $65.00 (from $85.00) while maintaining a Outperform rating following Q2 miss.

Analyst Doug Schenkel commented, "EXAS missed Q2 revenue and volume expectations. While we think this could have been better explained, further... More