Morgan Stanley analyst Tejas Savant raised the firm’s price target on Natera (NTRA) to $176 from $132 and keeps an Overweight rating on the shares. The firm, which is updating its estimates to reflect Q3 results, the revised 2024 outlook and management’s preliminary commentary on 2025 from the call, says the stock’s “premium multiple” is “amply justified by multiple drivers” of near- and long-term estimate upside and it continues to identify the stock as a “Top Pick.”
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Read More on NTRA:
- Natera price target raised to $157 from $121 at Craig-Hallum
- Natera price target raised to $185 from $150 at BTIG
- Natera price target raised to $175 from $155 at TD Cowen
- Natera price target raised to $160 from $135 at JPMorgan
- Natera price target raised to $160 from $120 at Baird
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