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Stock impact report

Barclays Analyst Is Bullish On Pacific Biosciences of California, Inc. (PACB) [Yahoo! Finance]

Pacific Biosciences of California, Inc. (PACB) 
Last pacific biosciences of california, inc. earnings: 2/6 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.pacificbiosciences.com
Company Research Source: Yahoo! Finance
On December 15, TheFly published that Luke Sergott, a Barclays analyst, lifted the price objective for Pacific Biosciences of California, Inc. (NASDAQ:PACB) from $1.50 to $2 and maintained an Equal Weight rating for the shares. As part of its 2026 forecast, the company modified price objectives and ratings in the life sciences and diagnostics tools area. The analyst informs investors in a research note that the final estimate cuts, improving end markets, and the fact that tools are the most undervalued space in healthcare offer a very favorable backdrop for the tools group to beat the market in 2026. Separately, last quarter's revenue came in slightly less than the company's projections, at $38.4 million, mainly due to fewer than expected Vega sales in Europe and lower than anticipated revenue on ASPs. Pacific Biosciences of California, Inc. (NASDAQ:PACB) anticipates an improvement in the fourth quarter with sequential revenue growth of about 10%. The company noted that revenue g Show less Read more
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