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Exact Sciences price target lowered to $65 from $70 at Barclays

Barclays analyst Luke Sergott lowered the firm’s price target on Exact Sciences (EXAS) to $65 from $70 and keeps an Overweight rating on the shares post the earnings report. The company offered a “straight forward” guidance with appropriately embedded conservatism, the analyst tells investors in a research note. The firm sees “plenty of sources of upside” as the year progresses.

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