NanoString Technologies (NSTG) Falls After Lower Q3 Outlook

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Go back to NanoString Technologies (NSTG) Falls After Lower Q3 Outlook

Cowen Downgrades NanoString Tech (NSTG) to Market Perform

October 12, 2017 5:39 AM UTC

Cowen downgraded NanoString Tech (NASDAQ: NSTG) from Outperform to Market Perform with a price target of $13.00 (from $18.50).

Analyst Doug Schenkel is negative on the company following a miss on Q3 expectations and comments "We hate reactionary downgrades, but we have no choice... More