Azenta price target lowered to $33 from $35 at Evercore ISI

Evercore ISI analyst Vijay Kumar lowered the firm’s price target on Azenta (AZTA) to $33 from $35 and keeps an In Line rating on the shares. Macro uncertainty that led to order pushouts and Q4 guidance are weighing on the stock, says the analyst, who adds that the Street is “questioning the 4Q visibility” given macro uncertainty.