Azenta price target raised to $44 from $42 at Needham

Needham raised the firm’s price target on Azenta (AZTA) to $44 from $42 and keeps a Buy rating on the shares. The firm cites the company’s management providing a long range plan that included FY28 financial targets and maintains that its continued margin improvement should result in strong earnings growth over the next few years, the analyst tells investors in a research note.