Qiagen, Bio-Techne downgraded at Baird amid NIH funding concerns


Qiagen Markets QIAstat-Dx For Coronavirus Testing

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  • Baird has downgraded Qiagen (NYSE:QGEN) and Bio-Techne (NASDAQ:TECH) from overweight to neutral, citing concerns over NIH funding and the amount of revenue the companies receive from that agency.
  • The investment bank cut its price target for Qiagen to $42 from $52 (~5% upside based


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