Article: H.C. Wainwright Keeps a Buy Rating on CareDx (CDNA)

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H.C. Wainwright Keeps a Buy Rating on CareDx (CDNA)

Christine Brown

SmarterAnalyst, 1 May 2020

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on CareDx (CDNA), with a price target of $40.00. The company’s shares closed last Thursday at $25.38.

According to TipRanks.com, Chen is a 5-star analyst with an average return of 14.1% and a 43.3% success rate. Chen covers the Healthcare sector, focusing on stocks such as Interpace Diagnostics Group, HTG Molecular Diagnostics, and EyePoint Pharmaceuticals.

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Comment: This company is at risk of collusion between a placement agent and naked short sellers.

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