CareDx Inc (NASDAQ: CDNA) stock enjoyed a major increase of 13.8% on 12/19/23. The shares closed at $11.21. NORMAL trading volume accompanied the advance. The stock has risen 16.2% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
CDNA is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
CareDx has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. CareDx has a neutral Power Rating of 42 but a poor Appreciation Score of 23, resulting in the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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