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Maravai Lifesciences price target lowered to $2 from $3 at Baird

Baird analyst Catherine Ramsey Schulte lowered the firm’s price target on Maravai Lifesciences (MRVI) to $2 from $3 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where revenue beat and guidance is maintained for 2025.

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