Oppenheimer analyst Kevin DeGeeter maintained a Buy rating on Invitae (NVTA) yesterday and set a price target of $32.00. The company’s shares closed last Monday at $17.85.
According to TipRanks.com, DeGeeter is a 3-star analyst with an average return of 0.9% and a 35.4% success rate. DeGeeter covers the Healthcare sector, focusing on stocks such as Catalyst Biosciences, Molecular Templates, and Cidara Therapeutics.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Invitae with a $31.00 average price target.
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The company has a one-year high of $28.75 and a one-year low of $14.35. Currently, Invitae has an average volume of 2.92M.
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Invitae Corp. engages in the provision of genetic information into mainstream medical practice. It includes comprehensive panels for hereditary conditions in cancer, cardiology, neurology, pediatric, and rare diseases. The company was founded by Randal W. Scott and Sean E. George on January 13, 2010 and is headquartered in San Francisco, CA.
