Lonza: UBS maintains 'buy' rating
(CercleFinance.com) - UBS reaffirms its "buy" recommendation on Lonza Group and its price target of CHF630, a target which implies a 27% growth potential for the share of the Swiss chemicals and pharmaceutical subcontracting group.
Following a roadshow with the group's executives, the broker is part of " Optimism on the commercial manufacturing outlook and biotech funding challenges likely to persist into 2024 ".
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