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Charles River price target raised to $245 from $235 at BofA

BofA analyst Derik de Bruin raised the firm’s price target on Charles River to $245 from $235 and keeps a Buy rating on the shares after the company reported Q2 upside. The firm is raising FY23 estimates, but trims its FY24-25 adjusted EPS view as it lowers margin assumptions, the analyst tells investors.

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