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Cryoport upgraded to Outperform from Market Perform at Leerink

Leerink upgraded Cryoport (CYRX) to Outperform from Market Perform with a price target of $16, up from $10. The firm believes the company is positioned to beat estimates on continued cell and gene therapy market services strength. The analyst is also encouraged by recent stabilization in the company’s MVE business. Leerink sees “beats and raises” well into 2026 for Cryoport.

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