Natera price target lowered to $65 from $72 at Baird

Baird analyst Catherine Ramsey Schulte lowered the firm’s price target on Natera to $65 from $72 and keeps an Outperform rating on the shares. The analyst said they reported another solid quarter and again raised its 2022 revenue outlook. Volume commentary across the business was bullish and included a detailed look at Signatera trends, with 3Q22 Signatera/Altera volumes more than doubling.