Fly News Breaks for September 4, 2019
Sep 4, 2019 | 09:07 EDT
Northland analyst Suraj Kalia raised his price target on BioLife Solutions (BLFS) shares to $22 from $18 after the company announced that it had signed on Mustang Bio (MBIO) as a customer. He views the Mustang deal as validating the company's M&A strategy and has "an increasingly optimistic" outlook on the company's value proposition to biotech clients, stated Kalia, who keeps an Outperform rating on BioLife shares.
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