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Friday, September 18, 2020

BioLife Solutions initiated Buy at Cowen: ‘significantly undervalued’

BioLife Solutions (BLFS +5.2%) initiated at Cowen with Outperform, PT $33, indicating the stock is significantly undervalued; currently hovering around 52-week high levels gained 166% in past 6 months trading.

Wall Street Analysts Rating is Very Bullish, PT $25.36 has been crossed already by the company.

Analyst said that the company is a leading provider of specialized bio-production tools that are critical to cell and gene therapies, an “emerging but rapidly growing class of drugs.”

He further adds that BioLife is a premier emerging growth story in healthcare and should be a core long-term holding.

https://seekingalpha.com/news/3615448-biolife-solutions-initiated-buy-cowen-indicates-stock-significantly-undervalued

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