Scotiabank analyst Sung Ji Nam maintains $Twist Bioscience (TWST.US)$ with a buy rating, and adjusts the target price from $50 to $54.
According to TipRanks data, the analyst has a success rate of 50.0% and a total average return of 0.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Twist Bioscience (TWST.US)$'s main analysts recently are as follows:
Twist Bioscience reported a solid quarter with fiscal 2025 guidance surpassing expectations despite challenging budget conditions. The business is projected to achieve 50% gross margins in the fourth quarter.
Twist Bioscience's recent performance was characterized by solid results, appearing to be broad-based with modest revenue upside from each segment compared to guidance. The momentum in synthetic biology and next-generation sequencing, along with comments on the Express portfolio and broader gross margin percentage improvements, continue to provide a positive outlook heading into FY25.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
