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Fly News Breaks for March 14, 2018
RGEN
Mar 14, 2018 | 06:55 EDT
JPMorgan analyst Tycho Peterson highlights Repligen as his top small cap pick with an Overweight rating and $42 price target. The analyst sees the 1% year-to-date decline in shares as providing an attractive entry point into a "secular growth story." Peterson believes "healthy" bioprocessing fundamentals and "multiple" revenue drivers, including Spectrum synergy, commercial leverage and new product introductions, provide an attractive setup for the shares in 2018.
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