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Guardant Health Inc

GH: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$29.00QnpdhQqmctmvd

Guardant Turns in Solid Q3 and Awaits Key Trial Data; No Fair Value Estimate Change

Guardant Health’s third-quarter sales roughly met expectations, but management trimmed its full-year guidance on several likely temporary challenges. We are not changing our $82 fair value estimate and continue to believe that shares in this liquid biopsy player remain undervalued. Our moat and trend ratings remain none and positive, respectively.

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