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Avantor price target lowered to $16 from $19 at Wells Fargo

Wells Fargo lowered the firm’s price target on Avantor (AVTR) to $16 from $19 and keeps an Overweight rating on the shares. While competitive challenges in Lab continue to persist, the firm doesn’t see a lot of downside risk to the second half of the year guidance either. With a new CEO starting soon, investor focus should turn to the prospect of improved execution in 2026, Wells adds.

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