Quanterix (QTRX) Gets a Buy Rating from Leerink Partners

Leerink Partners analyst Puneet Souda maintained a Buy rating on Quanterix (QTRXResearch Report) on October 11. The company’s shares closed last Wednesday at $48.43.

According to TipRanks.com, Souda is a 4-star analyst with an average return of 14.7% and a 57.2% success rate. Souda covers the Healthcare sector, focusing on stocks such as HTG Molecular Diagnostics, AbCellera Biologics, and Castle Biosciences.

Quanterix has an analyst consensus of Strong Buy, with a price target consensus of $75.00.

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The company has a one-year high of $92.57 and a one-year low of $36.16. Currently, Quanterix has an average volume of 256.5K.

Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QTRX in relation to earlier this year.

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Quanterix Corp. is a life sciences company, which develops ultra-sensitive digital immunoassay platform that advances precision health for life sciences research and diagnostics. Its Single Molecule Array (Simoa) technology platform uses single molecule measurements to access previously undetectable proteins. The company was founded by Nicholas J. Naclerio and David R. Walt in April 2007 and is headquartered in Lexington, MA.