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Castle Biosciences price target raised to $34 from $33 at Baird

Baird raised the firm’s price target on Castle Biosciences to $34 from $33 and keeps an Outperform rating on the shares. The firm said they reported 1Q revenue ahead of expectations, though DecisionDx-Melanoma and DecisionDx-SCC volumes came in below the Baird model, with the company citing typical seasonality and national sales meeting timing.

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