Wells Fargo analysts upgrades an Equal weight rating for Caredx Inc (CDNA)

In a filing, Caredx Inc revealed its Director HAGSTROM WILLIAM A unloaded Company’s shares for reported $0.52 million on May 28 ’25. In the deal valued at $17.45 per share,30,000 shares were sold. As a result of this transaction, HAGSTROM WILLIAM A now holds 53,979 shares worth roughly $1.07 million.

Then, HAGSTROM WILLIAM A bought 30,000 shares, generating $528,900 in total proceeds.

Before that, COURNOYER CHRISTINE sold 29,136 shares. Caredx Inc shares valued at $465,022 were divested by the Director at a price of $15.96 per share. As a result of the transaction, COURNOYER CHRISTINE now holds 37,045 shares, worth roughly $0.74 million.

Wells Fargo upgraded its Caredx Inc [CDNA] rating to an Equal weight from a an Underweight in a research note published on January 15, 2025; the price target was decreased to $24 from $28. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late August with a ‘”an Underweight”‘ rating. BTIG Research also remained covering CDNA and has increased its forecast on August 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on May 13, 2024. It rated CDNA as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of CDNA

On Friday, Caredx Inc [NASDAQ:CDNA] saw its stock jump 0.89% to $19.89. Over the last five days, the stock has gained 14.07%. Caredx Inc shares have fallen nearly -7.08% since the year began. Nevertheless, the stocks have risen 29.02% over the past one year.

Levels Of Support And Resistance For CDNA Stock

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