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Maravai Lifesciences price target raised to $4.50 from $4 at Wells Fargo

Wells Fargo analyst Brandon Couillard raised the firm’s price target on Maravai Lifesciences (MRVI) to $4.50 from $4 and keeps an Overweight rating on the shares. With U.S. policy uncertainty lifting on Pharma and forward growth expectations already well-anchored with room for upside, the firm likes the setup for Tools.

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