Morgan Stanley analyst Tejas Savant maintains $Natera (NTRA.US)$ with a buy rating, and maintains the target price at $176.
According to TipRanks data, the analyst has a success rate of 40.0% and a total average return of -4.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Natera (NTRA.US)$'s main analysts recently are as follows:
The stock's valuation is seen as fully warranted by several catalysts that are expected to drive both near-term and long-term upside in estimates. This view is based on the recent quarterly results, the updated projections for 2024, and the initial insights provided for 2025 during the management's discussion.
Natera has reported yet another robust quarter, according to an analyst. It is noted that the company is excelling across various metrics, including volume, selling price, margin, and cash management, with potential for even greater enhancements looking towards 2025. The sustained strong performance reinforces the belief that Natera stands out as a premier entity within the diagnostics sector.
The company's Q3 results were exceptionally strong, continuing the trend of improving fundamentals. The company is channeling its operating cash flow back into the business, thereby strengthening its leadership in sales, marketing, medical affairs, and legal aspects.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
