UBS raised the firm’s price target on Qiagen (QGEN) to $52 from $50 and keeps a Neutral rating on the shares. Qiagen’s portfolio holds several attractive growth drivers including Quantiferon and Qiastat, but the base business will likely deliver lower growth vs. peers, the analyst tells investors in a research note.
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Read More on QGEN:
- Qiagen: Slower Core Growth and Back-Half-Loaded Targets Keep Risk/Reward Balanced at Hold
- QIAGEN Earnings Call: Growth Pillars Offset Near-Term Drag
- Qiagen price target raised to $53 from $48.42 at Baird
- Qiagen price target raised to $53 from $48 at TD Cowen
- Qiagen price target raised to $50 from $45 at Stifel
