Qiagen: the title retreats, a broker lowers its target


(CercleFinance.com) – Qiagen lost nearly 1.7% in Frankfurt, while Invest Securities confirmed its ‘neutral’ rating on the stock this morning, with a price target slightly revised downwards, from 45 to 43 euros .

According to the analyst, the quarterly publication reflects the resilience of the group with robust results, supported by its main pillars of growth.

‘Nevertheless, this is not encouraging in view of the lack of visibility on the OEM segment and on the Chinese prospects which have prompted the group to lower its objectives’, stresses Invest.

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