Baird analyst Catherine Ramsey Schulte raised the firm’s price target on Castle Biosciences to $33 from $31 and keeps an Outperform rating on the shares. The firm said they reported a solid 4Q, with revenue ahead of raised estimates, driven by 60% year-over-year volume growth. Initial 2024 guidance also came in above consensus, though most of the increase was driven by 1Q24 DecisionDx-SCC reimbursement.
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