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West Pharmaceutical price target raised to $275 from $260 at Barclays

Barclays raised the firm’s price target on West Pharmaceutical (WST) to $275 from $260 and keeps an Equal Weight rating on the shares as part of a Q3 preview for the life science tools and diagnostics group. The firm views the companies’ end markets as stable with improvements likely going forward. In addition, investment sentiment “feels bottomed” as share valuations have come down, the analyst tells investors in a research note.

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