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Qiagen: Invest Securities reduces target price

( - Invest Securities maintains its "neutral" rating on the pharmaceutical research and diagnostics firm Qiagen's shares, trimming its target price for them, from E45 to E43.

The analyst says that the quarterly publication reflects the group's resilience, with robust results underpinned by its main growth pillars.

Nevertheless, this is not encouraging in view of the lack of visibility on the OEM segment and the outlook for China, which have prompted the company to reduce its targets, Invest points out.

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