Exact Sciences and Pfizer Extend and Amend Cologuard® Promotion Agreement

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Exact Sciences (EXAS) New Deal with Pfizer a 'Win-Win' - Cowen

October 7, 2020 10:51 AM EDT

Cowen analyst Doug Schenkel reiterated an Outperform rating and $135.00 price target on Exact Sciences (NASDAQ: EXAS) calling the new Pfizer agreement a "win-win" for EXAS.

The analyst commented, "EXAS and PFE have amended the 2018 Cologuard co-promotion agreement which (1) extends a largely successful deal, (2)... More