Nasdaq Tumbles 4.5%; Cardinal Health Shares Gain After Upbeat Q1 Earnings
U.S. stocks tumbled: Nasdaq -4.5%, S&P 500 -3.3%, Dow -2.5%. Cardinal Health rose on strong results; AppLovin surged 32%, while Veracyte fell 55%.
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Leerink Partners Downgrades Veracyte to Market Perform
Leerink Partners has downgraded Veracyte from 'Outperform' to 'Market Perform' with a price target of $35.
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Why Is Veracyte Stock Sinking Thursday?
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Needham Adjusts Veracyte Price Target to $46
Needham has maintained its 'Buy' rating on Veracyte while lowering the price target from $69 to $46.
Veracyte, Inc. Reports Financial Results for the Third Quarter 2026
Veracyte, Inc. announced its financial results for the third quarter ended September 30, 2026, highlighting strong profitability and cash generation.
Veracyte Q3 Adj. EPS $0.51 Beats $0.41 Estimate, Sales $151.754M Beat $147.439M Estimate