Piper Sandler upgrades Neogen, shares gain
26/08/2026 12:40
BUZZ-Piper Sandler upgrades Neogen, shares gain ** Food safety solutions firm Neogen's NEOG.O shares rise 3.5% to $12.05 in premarket trading
** Piper Sandler raises rating to "overweight" from "neutral"; hikes PT to $14 from $13, implying 20.3% upside to stock's last close
** Company "has moved beyond the stabilization phase of its turnaround and is entering a period of more sustainable profitable growth", says brokerage
** New management team is becoming an important earnings driver - Piper Sandler** Up to last close, shares up 66.5% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
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