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Alamar Biosciences initiated with a Buy at Stifel

Stifel initiated coverage of Alamar Biosciences (ALMR) with a Buy rating and $28 price target Alamar is an emerging multiplex proteomics player that has seen rapid adoption of its ARGO platform in a short period of time, the analyst tells investors in a research note. Stifel expects ramping usage in key fields like neuroscience to drive near- and mid-term strength for the company.

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