In a report released today, Alexander Nowak from Craig-Hallum maintained a Hold rating on CareDx (CDNA – Research Report). The company’s shares closed yesterday at $12.07.
Nowak covers the Healthcare sector, focusing on stocks such as Guardant Health, CVRx, and QuidelOrtho. According to TipRanks, Nowak has an average return of 1.4% and a 42.19% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for CareDx with a $10.00 average price target.
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Based on CareDx’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $67.19 million and a GAAP net loss of $23.49 million. In comparison, last year the company earned a revenue of $79.36 million and had a GAAP net loss of $16.94 million
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CareDx (CDNA) Company Description:
CareDx, Inc. operates as a transplant diagnostics company,which discovers, develops, and commercializes diagnostic solutions. Its product includes AlloMap, AlloSure, and Laboratory products. The company was founded on December 21, 1998 and is headquartered in Brisbane, CA.
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