B. Riley analyst Yuan Zhi lowered the firm’s price target on Azenta to $68 from $77 and keeps a Buy rating on the shares following the fiscal Q1 results. Until the next earnings update, the analyst anticipates the stock will be range bound between $45-$55.
Published first on TheFly
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Read More on AZTA:
- Azenta price target lowered to $68 from $78 at Needham
- Stephens downgrades Azenta after results, sees range-bound stock
- Azenta downgraded to Equal Weight from Overweight at Stephens
- Azenta Reports First Quarter Results For Fiscal 2023, Ended December 31, 2022
- Azenta sees Q2 adjusted EPS (4c)-4c, consensus 7c
