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Stock impact report

Natera Gains Medicare Coverage for WGS Signatera, Leerink Reaffirms Price Target [Yahoo! Finance]

Natera, Inc. (NTRA) 
Last natera, inc. earnings: 2/26 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.natera.com
Company Research Source: Yahoo! Finance
reiterated their Outperform rating on Natera Inc. (NASDAQ:NTRA) on June 4. Given recent adjustments to Medicare's reimbursement of Natera's WGS Signatera assay, the analysts maintained their price target for the company at $220. Natera Inc. (NASDAQ:NTRA) recently revealed that MolDX had approved Medicare coverage for its WGS Signatera assay. The update followed the findings of a bridging study that showed similar performance between the WGS Signatera and the previously released WES Signatera. The WGS Signatera assay has been expanded to encompass a number of ailments, including colorectal cancer, breast cancer, bladder cancer, and pan-cancer immunotherapy monitoring. Analysts expect that WES Signatera will continue to dominate Signatera volumes in the near term, despite the recent coverage. That said, now that it is eligible for reimbursement, the WGS Signatera assay may see a modest rise in usage. One of the top providers of cell-free DNA and genetic testing, Natera Inc. (NASDA Show less Read more
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