NEW YORK, NY / ACCESSWIRE / September 29, 2015 / Market Exclusive announces that Zacks Small-Cap Research has reiterated a Buy rating of MetaStat, Inc. (OTCQB: MTST) to with a 12-month price target of $0.75 per share. The analyst note was published following MetaStat's newly announced Massachusetts state clinical laboratory license, a commercial milestone towards attaining CLIA certification.

Outlining the importance of MetaStat's new state lab license, Zacks analyst Brian Marckx, CFA writes, "This is the last major step before receiving CLIA certification from CMS?The state licensure follows on the heels of studies validating the performance and accuracy of MTST's fully automated MetaSite Breast assay."

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SOURCE: Market Exclusive