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Avantor downgraded to In Line, removed from ‘Best Core Ideas’ list at Evercore

Evercore ISI downgraded Avantor to In Line from Outperform with a price target of $21, down from $22. All of the life science tools companies who have reported Q2 results so far this earnings season, including Avantor, have missed and lowered guidance, the analyst tells investors. The analyst will be removing Avantor from Evercore ISI’s Best “Core” Ideas list, the firm noted.

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