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Shares of NanoString Technologies (NASDAQ:NSTG) hit a new 52-week high during mid-day trading on Thursday, AmericanBankingNews.com reports. The stock traded as high as $20.79 and last traded at $19.11, with a volume of 88,215 shares trading hands. The stock had previously closed at $17.52.

NSTG has been the subject of a number of recent research reports. Analysts at Morgan Stanley downgraded shares of NanoString Technologies from an “overweight” rating to an “equal weight” rating in a research note to investors on Monday. They now have a $14.00 price target on the stock. Analysts at Robert W. Baird upgraded shares of NanoString Technologies from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, December 11th. They now have a $18.00 price target on the stock, up previously from $12.00.

NanoString Technologies has a 1-year low of $7.01 and a 1-year high of $20.79. The stock has a 50-day moving average of $14.90 and a 200-day moving average of $10.94. The company’s market cap is $277.9 million.

NanoString Technologies, Inc develops, manufactures and sells products, which unlock clinically actionable genomic information from minute amounts of tissue.

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