$BIO

BIO-RAD LABORATORIES, INC.

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Bio-Rad Laboratories, Inc. (BIO) PT Reduced to $300 by Citigroup Amid Process Chromatography Concerns

Citigroup has lowered its rating on Bio-Rad Laboratories (BIO) to Neutral and reduced its price target from $375 to $300, citing concerns over the company's process chromatography segment and diagnostic operations in China. Despite this, Bio-Rad recently expanded its portfolio of recombinant monoclonal anti-idiotypic antibodies, enhancing its capabilities in drug development and monitoring. The article suggests that while Bio-Rad has investment potential, other AI stocks may offer greater upside with less risk.