Stock Rating Upgrade
In recent days the Value Trend Rating for Veracyte Inc (NASDAQ: VCYT) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Veracyte Inc (NASDAQ: VCYT) stock closed at $34.76 on 2/28/25 after a large increase of 2.7%. Moreover, trading volume in this advance was above average at 143% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -15.3% during the last week.
Current PriceTarget Research Rating
Veracyte has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Veracyte has a neutral Appreciation Score of 43 but a very high Power Rating of 94, with the Positive Value Trend Rating the result.
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