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Twist Bioscience price target lowered to $37 from $40 at Barclays

Barclays lowered the firm’s price target on Twist Bioscience (TWST) to $37 from $40 and keeps an Overweight rating on the shares. The firm says management’s description of being “commercially violent” continues to win market share. However, questions on Twist’s market opportunities remain, particularly in synthetic biology, the analyst tells investors in a research note.

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