Repligen price target raised to $60 from $49 at H.C. Wainwright

H.C. Wainwright analyst Raghuram Selvaraju raised his price target for Repligen to $60 but reiterates a Neutral rating on the name. Solid execution produced a “modest beat” in Q3, but the stock reaction may have been overdone, Selvaraju tells investors in a research note. He believes the stock “still looks expensive.”
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