Scotiabank raised the firm’s price target on Twist Bioscience to $43 from $30 and keeps an Outperform rating on the shares. The company beat expectations on the top line and also gross margins in fiscal Q1, the analyst tells investors in a research note. The firm says the full year revenue guidance was raised by roughly the Q1 beat, which reflects management’s conservatism.
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- Twist Bioscience price target raised to $25 from $19 at JPMorgan
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