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Fly News Breaks for November 14, 2019
QGEN
Nov 14, 2019 | 16:38 EDT
Stifel analyst Daniel Arias initiated coverage of Qiagen with a Hold rating and $33 price target. The analyst sees "substantial risk" given the nascency of the company's key products and markets being targeted. Further, he sees consensus estimates for 2020 as too high, and has a lack confidence in the ability to reach the company's "not-yet-withdrawn" mid-term growth target.
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