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Home»Finance»Maravai Lifesciences price target lowered to $5 from $10 at Stifel
Finance

Maravai Lifesciences price target lowered to $5 from $10 at Stifel

March 22, 2025No Comments1 Min Read
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Avita Medical initiated with a Buy at D. Boral Capital
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https://www.tipranks.com/information/the-fly/maravai-lifesciences-price-target-lowered-to-5-from-10-at-stifel

Stifel lowered the agency’s value goal on Maravai Lifesciences (MRVI) to $5 from $10 and retains a Purchase score on the shares. The agency notes This autumn revenues got here up $1M gentle of the Road, whereas EBITDA fell brief by $7M. As for the information, administration’s outlook is nicely beneath Road, however excludes all excessive quantity CleanCap orders. Stifel believes the corporate is at level the place the transition from COVID to non-COVID demand, the China uncertainty, and the opaqueness of key mannequin space make for a low visibility scenario. Maravai appears washed out at $2-$3, however stays a low-confidence Purchase till higher readability is gained and higher progress materializes, the agency provides.

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Lifesciences lowered Maravai price Stifel target
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