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BioLife Solutions price target raised to $32 from $30 at Craig-Hallum
The Fly

BioLife Solutions price target raised to $32 from $30 at Craig-Hallum

Craig-Hallum raised the firm’s price target on BioLife Solutions (BLFS) to $32 from $30 and keeps a Buy rating on the shares. The firm notes BioLife delivered a strong Q3 update that featured a fourth consecutive quarter of revenue growth and continued margin improvement. Earlier in the day the company had announced the divestiture of their SciSafe business unit for $73M as the company refocuses on high-margin cell processing products.

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