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Veracyte Analyst Ratings

Benzinga ·  Aug 9, 2023 06:10
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/09/2023 40% Needham $34 → $35 Maintains Buy
05/08/2023 20% Stephens & Co. → $30 Reiterates → Overweight
02/23/2023 36% Needham $33 → $34 Maintains Buy
01/18/2023 Raymond James Downgrades Outperform → Market Perform
01/05/2023 32% Scotiabank → $33 Initiates Coverage On → Sector Outperform
11/04/2022 -12% Morgan Stanley $23 → $22 Maintains Underweight
11/04/2022 8% Raymond James $31 → $27 Maintains Outperform
11/03/2022 32% Needham $31 → $33 Maintains Buy
11/03/2022 40% SVB Leerink $30 → $35 Maintains Outperform
08/04/2022 24% Raymond James $30 → $31 Maintains Outperform
08/03/2022 24% Needham $26 → $31 Maintains Buy
05/05/2022 20% Stephens & Co. $44 → $30 Maintains Overweight
05/04/2022 -8% Morgan Stanley $25 → $23 Maintains Underweight
05/04/2022 20% Raymond James $34 → $30 Maintains Outperform
05/04/2022 4% Needham $31 → $26 Maintains Buy
03/15/2022 24% Needham $35 → $31 Maintains Buy
03/02/2022 76% Stephens & Co. $52 → $44 Maintains Overweight
03/01/2022 36% Raymond James $62 → $34 Maintains Outperform
03/01/2022 60% SVB Leerink $45 → $40 Maintains Outperform
01/07/2022 108% Stephens & Co. → $52 Initiates Coverage On → Overweight
11/10/2021 148% Raymond James $50 → $62 Maintains Outperform
07/30/2021 68% Morgan Stanley $45 → $42 Maintains Underweight
07/30/2021 120% Needham $54 → $55 Maintains Buy
07/30/2021 140% SVB Leerink $55 → $60 Maintains Outperform
07/14/2021 120% SVB Leerink $65 → $55 Maintains Outperform
06/28/2021 100% Raymond James $45 → $50 Maintains Outperform
06/15/2021 80% Raymond James → $45 Initiates Coverage On → Outperform
05/18/2021 120% Truist Securities $84 → $55 Maintains Buy
05/12/2021 80% Morgan Stanley $65 → $45 Maintains Underweight
05/11/2021 160% SVB Leerink $75 → $65 Maintains Outperform
05/11/2021 116% Needham $88 → $54 Maintains Buy
02/22/2021 160% Morgan Stanley $35 → $65 Maintains Underweight
02/19/2021 160% Morgan Stanley $35 → $65 Maintains Underweight
02/18/2021 240% SVB Leerink $83 → $85 Maintains Outperform
02/08/2021 232% SVB Leerink $40 → $83 Maintains Outperform
01/28/2021 144% Truist Securities → $61 Initiates Coverage On → Buy
11/10/2020 Keybanc Initiates Coverage On → Sector Weight
11/04/2020 68% BTIG $38 → $42 Maintains Buy
11/03/2020 60% Needham $37 → $40 Maintains Buy
11/03/2020 60% SVB Leerink $37 → $40 Maintains Outperform
09/09/2020 40% Morgan Stanley → $35 Initiates Coverage On → Underweight
07/31/2020 48% SVB Leerink $32 → $37 Maintains Outperform
07/31/2020 48% Needham $30 → $37 Maintains Buy
05/07/2020 28% SVB Leerink $29 → $32 Maintains Outperform
02/26/2020 20% Needham $34 → $30 Maintains Buy
07/31/2019 Lake Street Initiates Coverage On → Buy
07/02/2019 32% Needham → $33 Initiates Coverage On → Buy
11/29/2018 Janney Montgomery Scott Downgrades Buy → Neutral

What is the target price for Veracyte (VCYT)?

The latest price target for Veracyte (NASDAQ: VCYT) was reported by Needham on August 9, 2023. The analyst firm set a price target for $35.00 expecting VCYT to rise to within 12 months (a possible 40.00% upside). 9 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Veracyte (VCYT)?

The latest analyst rating for Veracyte (NASDAQ: VCYT) was provided by Needham, and Veracyte maintained their buy rating.

When is the next analyst rating going to be posted or updated for Veracyte (VCYT)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Veracyte, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Veracyte was filed on August 9, 2023 so you should expect the next rating to be made available sometime around August 9, 2024.

Is the Analyst Rating Veracyte (VCYT) correct?

While ratings are subjective and will change, the latest Veracyte (VCYT) rating was a maintained with a price target of $34.00 to $35.00. The current price Veracyte (VCYT) is trading at is $25.00, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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