UBS lowered the firm’s price target on 10x Genomics (TXG) to $12 from $14 and keeps a Neutral rating on the shares. The firm updated its forecast to reflect ongoing pressures in academic funding, the analyst tells investors in a research note.
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Read More on TXG:
- 10x Genomics Faces Market Challenges and Uncertainty, Leading to Hold Rating
- 10x Genomics price target lowered to $15 from $18 at Canaccord
- 10X Genomics Faces Mixed Outlook Amid Funding Uncertainties
- 10x Genomics price target lowered to $15 from $18 at Stifel
- 10x Genomics price target lowered to $11 from $15 at TD Cowen