Stevanato Group price target raised to $35 from $30 at Wells Fargo

Wells Fargo analyst Timothy Daley raised the firm’s price target on Stevanato Group to $35 from $30 and keeps an Overweight rating on the shares following quarterly results. The firm cites strong macro tailwinds, along with a clear go-forward strategy supported by self-help opportunities, that will allow this company to outperform peers.