Stifel has raised its price target for Bio-Techne Corp. (NASDAQ:TECH) to $65.00 from $60.00, while maintaining a Hold rating. This increase follows Bio-Techne’s second-quarter fiscal year 2026 earnings beat, driven by an OEM order pulled forward into the quarter and strong performance in large pharma and biotech. The company is expected to see flat organic revenue in the fiscal third quarter due to lingering cell therapy headwinds but anticipates a mid-single-digit growth step-up in the fiscal fourth quarter.
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Bio-Techne stock price target raised to $65 from $60 at Stifel
Stifel has raised its price target for Bio-Techne Corp. (NASDAQ:TECH) to $65.00 from $60.00, while maintaining a Hold rating. This increase follows Bio-Techne’s second-quarter fiscal year 2026 earnings beat, driven by an OEM order pulled forward into the quarter and strong performance in large pharma and biotech. The company is expected to see flat organic revenue in the fiscal third quarter due to lingering cell therapy headwinds but anticipates a mid-single-digit growth step-up in the fiscal fourth quarter.