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Akoya Biosciences price target lowered to $8 from $15 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Akoya Biosciences to $8 from $15 and keeps an Overweight rating on the shares. The firm expects Akoya to deliver an in-line quarter, but is lowering its FY23, FY24 and FY25 estimates based on a more conservative view of the macro backdrop.

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