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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Read More on TXG:
- 10x Genomics price target raised to $20 from $14 at UBS
- 10x Genomics Earnings Call: Consumables Shine, CapEx Bites
- Risk Factors Weigh on 10X Genomics: Uncertain Guidance, Stock Volatility, and Capital-Raising Challenges
- 10x Genomics price target raised to $17 from $16 at Deutsche Bank
- 10x Genomics price target raised to $19 from $18 at TD Cowen
