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Friday, April 12, 2019

Exact Sciences upgraded to Conviction Buy from Buy at Goldman Sachs

Goldman Sachs analyst Patrick Donnelly added Exact Sciences to the firm’s Americas Conviction List, citing his view that the stock is set-up well for the remainder of 2019. Cologuard is a unique growth story, competing liquid biopsy products are likely years away from commercial launches and optionality from pipeline products is currently underappreciated, Donnelly tells investors. He keeps a $120 price target on Exact Sciences shares.

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