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TD Cowen Sticks to Its Buy Rating for Rapid Micro Biosystems (RPID)
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TD Cowen Sticks to Its Buy Rating for Rapid Micro Biosystems (RPID)

TD Cowen analyst Steven Mah maintained a Buy rating on Rapid Micro Biosystems (RPIDResearch Report) today. The company’s shares opened today at $1.00.

Mah covers the Healthcare sector, focusing on stocks such as BioLife Solutions, Twist Bioscience, and Codexis. According to TipRanks, Mah has an average return of -8.6% and a 31.50% success rate on recommended stocks.

Rapid Micro Biosystems has an analyst consensus of Moderate Buy.

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The company has a one-year high of $1.55 and a one-year low of $0.74. Currently, Rapid Micro Biosystems has an average volume of 190.3K.

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Rapid Micro Biosystems (RPID) Company Description:

Rapid Micro Biosystems Inc is an life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products such as biologics, vaccines, cell and gene therapies, and sterile injectables. The company’s flagship Growth Direct platform automates and modernizes the antiquated, manual microbial quality control (MQC) testing workflows used in the pharmaceutical manufacturing operations across the globe. It derives revenue from development, manufacturing, marketing and selling Systems and related LIMS connection software, consumables and services.

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