Life Technologies Corporation Rating Lowered to Neutral at Mizuho (LIFE)
Life Technologies Corporation (NASDAQ: LIFE) was downgraded by equities researchers at Mizuho from a “buy” rating to a “neutral” rating in a report issued on Tuesday. They currently have a $45.00 target price on the stock, down from their previous target price of $52.00.
Shares of Life Technologies Corporation traded up 0.05% during mid-day trading on Tuesday, hitting $43.16. Life Technologies Corporation has a one year low of $35.30 and a one year high of $55.12. The company has a market cap of $7.707 billion and a P/E ratio of 19.04.
A number of other analysts have also recently weighed in on LIFE. Analysts at Zacks reiterated a “neutral” rating on shares of Life Technologies Corporation in a research note to investors on Friday, April 27th. They now have a $48.00 price target on the stock. Separately, analysts at Goldman Sachs (NYSE: GS) raised their price target on shares of Life Technologies Corporation from $46.00 to $47.00 in a research note to investors on Wednesday, April 25th. They now have a “neutral” rating on the stock. Finally, analysts at Auriga reiterated a “buy” rating on shares of Life Technologies Corporation in a research note to investors on Wednesday, April 25th.
Life Technologies Corporation (Life Technologies) is a global life sciences company. Life Technologies delivers a range of products and services, including systems, instruments, reagents, software, and custom services.