TD Cowen analyst Daniel Brennan maintains $GeneDx Holdings (WGS.US)$ with a buy rating, and adjusts the target price from $50 to $75.
According to TipRanks data, the analyst has a success rate of 49.4% and a total average return of 13.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $GeneDx Holdings (WGS.US)$'s main analysts recently are as follows:
GeneDx's considerable Q3 revenue surpassing expectations reflects the company's robust growth and effective execution. Although the company's valuation suggests a significant premium, this has been acknowledged. Moreover, the updated revenue forecasts for 2024-2026 indicate heightened expectations. The company's leadership is recognized for achieving one of the most remarkable and swift turnarounds in the sector.
GeneDx's recent Q3 report was characterized as 'another strong' performance, with an 18% revenue beat and an upward revision of the fiscal year revenue guidance. Significantly, the company achieved its profitability targets much sooner than anticipated.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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TD Cowen分析師Daniel Brennan維持$GeneDx Holdings (WGS.US)$買入評級,並將目標價從50美元上調至75美元。
根據TipRanks數據顯示,該分析師近一年總勝率為49.4%,總平均回報率為13.6%。
此外,綜合報道,$GeneDx Holdings (WGS.US)$近期主要分析師觀點如下:
GenedX第三季度可觀的收入超出預期,這反映了該公司的強勁增長和有效的執行。儘管該公司的估值表明溢價幅度很大,但這一點已得到承認。此外,最新的2024-2026年收入預測表明,預期有所提高。該公司的領導地位因實現該行業最引人注目和最迅速的轉型之一而受到認可。
GenedX最近的第三季度報告被描述爲 「又一次強勁」 的表現,收入超過18%,財年收入指引向上修正。值得注意的是,該公司實現盈利目標的速度比預期的要早得多。
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