NeoGenomics Announces Chief Executive Officer Succession

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Raymond James Reiterates Market Perform Rating on Neogenomics (NEO) 'in light of the moving parts'

January 10, 2025 1:00 PM EST

Raymond James analyst Andrew Cooper reiterated a Market Perform rating and {REMOVEPT} price target on Neogenomics (NASDAQ: NEO)

The analyst comments "This morning, NeoGenomics announced the retirement of current CEO Chris Smith, naming board member Tony Zook as his successor effective the start of 2Q. The company also reaffirmed its 2024 guidance as part of the release. The retirement is somewhat of a surprise, but comes after a near double move since announcement of Smiths appointment and nearly... More