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10x Genomics price target raised to $25 from $20 at Stifel

Stifel analyst Daniel Arias raised the firm’s price target on 10x Genomics (TXG) to $25 from $20 and keeps a Buy rating on the shares. Following this week’s AGBT conference in Florida, the firm tells investors that new product adoption for 10x looks “solid” and the competitive environment looks “favorable” within single cell.

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