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Natera price target raised to $135 from $125 at BTIG

BTIG raised the firm’s price target on Natera to $135 from $125 and keeps a Buy rating on the shares. The firm cites the company’s Q2 earnings beat and raised 2024 guidance, also noting that Natera’s rapid growth, strong IP, commercial team, publications, and first-mover advantage in solid tumor MRD makes it difficult to compete against, the analyst tells investors in a research note.

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