Rough session for Myriad as bear gets more bearish

|About: Myriad Genetics, Inc. (MYGN)|By:, SA News Editor

Barclays analyst Jack Meehan now sees a 35% chance (vs. 20% previously) that Myriad Genetics' (MYGN -7.9%) GeneSight test could lose out on Medicare coverage.

He trims his price target to $18 from $20. With today's decline, MYGN is trading just below $24. The average sell-side price target is roughly $35, and the average sell-side rating is Outperform.

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