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Bio-Techne price target adjusted to $105 for stock split at Stephens

Stephens analyst Jacob Johnson adjusted the firm’s price target on Bio-Techne to $105 from $420 following a 4-for-1 stock split that took effect this week and keeps an Overweight rating on the shares. There are no changes to his FY23 and FY24 revenue estimates for Bio-Techne, Johnson noted.

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