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10x Genomics price target lowered to $47 from $66 at Barclays

Barclays lowered the firm’s price target on 10x Genomics to $47 from $66 and keeps an Overweight rating on the shares. The analyst previewed the Q3 earnings reports for the life science tools and diagnostics sector and dug into bioprocessing destocking and the risk of National Institutes of Health budget cuts.

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