Citigroup Lowers Bio-Rad Laboratories' Price Target to $300 Due to Process Chromatography Concerns
Citigroup has lowered its price target for Bio-Rad Laboratories (BIO) from $375 to $300, citing concerns over the company's process chromatography segment and ongoing uncertainty in its diagnostics operations in China. The move reflects a more cautious outlook on the company's near-term growth and margin potential.
Tickers: $BIO
Topics: analyst rating diagnostics price target process chromatography product launch stock analysis