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Caris Life Sciences added to ‘Tactical Outperform’ list at Evercore ISI

Evercore ISI analyst Vijay Kumar added Caris Life Sciences (CAI) to the firm’s “Tactical Outperform” list. The stock has pulled back 20% since Q2 while “peers have hung in well,” notes the analyst, who expects a “solid” revenue beat when the company reports Q3 results. Evercore has an Outperform rating and $40 price target on Caris shares.

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