TD Cowen raised the firm’s price target on BioLife Solutions (BLFS) to $31 from $28 and keeps a Buy rating on the shares. The firm said core revenues of $27M beat consensus driven by Cell Processing strength. Management feels the macro environment is largely normalized driving this segment with 80% of revenues coming from top-20 pharma.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BLFS:
- BioLife Solutions Reports Strong Q3 2024 Results
- BioLife Solutions lowers FY24 revenue view to $98.0M-$100.0M from $99.0M-$101.0M
- BioLife Solutions reports Q3 ContOps GAAP EPS (4c), consensus (9c)
- BLFS Earnings this Week: How Will it Perform?
- Disney upgraded, JPMorgan downgraded: Wall Street’s top analyst calls