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RBC Capital Markets increased its price target for Bio-Rad Laboratories from $390 to $440 after strong earnings and sales growth.

OpinionRead the original at marketscreener.com
Good for BIO

RBC raised its target for Bio-Rad to $440 from $390 and kept its “Outperform” rating. The company also reported growth in adjusted earnings and sales, so the update is favorable.

BIO · Bio-Rad Laboratories, Inc.

AI read · Good for BIO

The AI's read

The higher target and unchanged rating show RBC sees more room for Bio-Rad's shares to rise. Bio-Rad's third-quarter sales and adjusted earnings also grew, supporting that view.

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