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BioLife Solutions price target raised to $33 from $30 at KeyBanc

KeyBanc raised the firm’s price target on BioLife Solutions (BLFS) to $33 from $30 and keeps an Overweight rating on the shares. BioLife, under its new CEO, has completed a quick succession of three asset sales, and the firm’s proforma models show a high-growth and high-margin business with its dominance of freeze media for the cell, gene, and CAR-T markets, the analyst tells investors in a research note.

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