Avantor price target lowered to $27 from $28 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Avantor (AVTR) to $27 from $28 and keeps an Overweight rating on the shares. Avantor had an “in line print” as return to growth in LSS / Bioprocessing recovery was offset by U.S. semis weakness, the analyst tells investors in a post-earnings note.