Twist Bioscience (NASDAQ:TWST – Get Rating) had its price objective reduced by SVB Leerink from $45.00 to $30.00 in a research report sent to investors on Monday, Marketbeat.com reports. SVB Leerink currently has a market perform rating on the stock.
Other equities research analysts also recently issued reports about the stock. Barclays decreased their price target on shares of Twist Bioscience from $55.00 to $45.00 and set an overweight rating for the company in a research note on Thursday, October 6th. Robert W. Baird lifted their price target on shares of Twist Bioscience from $43.00 to $56.00 in a research note on Monday, August 8th.
Twist Bioscience Trading Up 1.3 %
TWST opened at $25.53 on Monday. Twist Bioscience has a 1-year low of $23.90 and a 1-year high of $99.74. The company has a market cap of $1.44 billion, a P/E ratio of -6.33 and a beta of 1.15. The company has a fifty day moving average price of $32.37 and a two-hundred day moving average price of $36.79.
Insider Buying and Selling at Twist Bioscience
Hedge Funds Weigh In On Twist Bioscience
A number of institutional investors have recently made changes to their positions in the stock. Capital Impact Advisors LLC boosted its stake in shares of Twist Bioscience by 6.3% in the 3rd quarter. Capital Impact Advisors LLC now owns 19,177 shares of the company’s stock valued at $487,000 after purchasing an additional 1,132 shares in the last quarter. Sandia Investment Management LP purchased a new stake in shares of Twist Bioscience in the 3rd quarter worth about $88,000. BNP Paribas Arbitrage SNC lifted its position in shares of Twist Bioscience by 593.0% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 89,246 shares of the company’s stock worth $3,145,000 after purchasing an additional 76,367 shares during the period. Thrivent Financial for Lutherans purchased a new stake in shares of Twist Bioscience in the 3rd quarter worth about $1,978,000. Finally, Two Sigma Investments LP bought a new position in shares of Twist Bioscience in the 3rd quarter worth about $2,995,000.
About Twist Bioscience
Twist Bioscience Corporation, a synthetic biology company, manufactures and sells synthetic DNA-based products. The company's DNA synthesis platform enables the manufacturing of synthetic DNA by writing DNA on a silicon chip. It offers synthetic DNA-based products, including synthetic genes, tools for sample preparation, antibody libraries for drug discovery and development, and DNA as a digital data storage medium.
- Get a free copy of the StockNews.com research report on Twist Bioscience (TWST)
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