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Wolfe upgrades Repligen to Outpeform on ‘great entry point’

Wolfe Research upgraded Repligen (RGEN) to Outperform from Peer Perform with a $160 price target The firm sees a “great entry point” on the post-earnings selloff. Repligen reported a “solid” Q1 and is a top pure-play in bioprocessing, a sector that has “good houses” in a tough tools backdrop, the analyst tells investors in a research note. Repligen in afternoon trading is down 2% to $141.25. note.

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