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Bio-Techne upgraded to Buy from Neutral at Citi

Citi upgraded Bio-Techne (TECH) to Buy from Neutral with a price target of $70, up from $55. The firm views the company’s growth and margin outlook as conservative and believes the stock is undervalued at current levels. Easing tariffs, growth in China and margin expansion could drive upside to Bio-Techne’s guidance, the analyst tells investors in a research note.

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