Catalent price target raised to $49 from $46 at First Analysis

First Analysis analyst Steven Schwartz raised his price target for Catalent to $49 and maintains an Outperform rating on the shares following meetings with management. . The company has a “relatively modest” organic growth profile, but there is additional growth potential from margin expansion driven by business mix improvement and leverageable acquisitions, Schwartz tells investors in a research note.
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