Maravai Lifesciences Price Target Lowered
This is a China news story, published by Yahoo Finance, that relates primarily to Maravai Lifesciences news.
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StifelTipRanks
•Business
Business & Economics
Maravai Lifesciences price target lowered to $5 from $10 at Stifel

81% Informative
Stifel lowered the firm’s price target on Maravai Lifesciences to $ 5 from $ 10 and keeps a Buy rating on the shares.
The firm notes Q4 revenues came up $1M light of the Street, while EBITDA fell short by $7M.
The transition from COVID to non-COVID demand, the China uncertainty, and the opaqueness of key model area make for a low visibility situation.
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