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Azenta stock price target cut to $90 from $132 at KeyBanc Capital

May 10, 2022

Azenta, Inc. provides manufacturing automation solutions for the semiconductor industry, and life science sample-based services and solutions for the life sciences market worldwide. The firm operates through two segments: Life Sciences Products and Life Sciences Services. The Life Sciences Products segment provides automated ultra-cold storage systems and consumables, including racks, tubes, caps, plates, and foils, instruments, such as labeling, bar coding, capping, de-capping, auditing, sealing, peeling, piercing tubes, and plates. The Life Sciences Services segment offers genomic services and sample repository solutions, including on-site and off-site sample storage, cold chain logistics, sample transport and collection relocation, bio-processing solutions, disaster recovery and business continuity, and biospecimen procurement services, as well as project management and consulting, and informatics provides sample intelligence software solutions, which support laboratory workflow scheduling for life science tools and instrument work cells, sample, inventory and logistics, environmental and temperature monitoring, clinical trial and consent management, and planning, data management, virtualization and visualization of sample collections. The company was founded in 1978 and is headquartered in Chelmsford, MA.

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