Financial PerformanceThe increase in revenue and operating margin expectations, along with a decreased discount rate assumption, drives the analyst's recommendation to raise the price target for Oxford Nanopore Technologies.
Product AdoptionStrong performance was driven primarily by continued adoption of the PromethION product range.
Revenue GrowthOxford Nanopore Technologies experienced encouraging Americas academic research revenue growth and strong non-research revenue growth due to the differentiation of its technology.