Posts tagged T2Bacteria
Leerink resumes coverage of T2 at market perform

Leerink resumed coverage of T2 Biosystems (NASDAQ:TTOO) with a “market perform” rating and $5 price target. The stock finished at $6.31 on Wednesday.

“While we view T2’s proprietary T2MR pathogen detection technology and large market opportunity favorably, we are inclined to stay on the sidelines until T2 delivers consistently on instrument placements and strings together a series of solid quarters in line with Street expectations,” writes analyst Puneet Souda.

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