Movement Alert|Twist Bioscience Corp Intraday Rise 5.27% in Regular Trading, Analyst Initiations and Lilly TuneLab Collaboration Support Attention

Market Focus10-26

On October 26, Twist Bioscience Corp rose 5.27% in regular trading, trading at $147.25/share, with turnover of $57.5042 million.

The move coincided with continued market attention on recent analyst coverage and the company’s previously announced collaboration with Eli Lilly’s TuneLab on antibody characterization data services for AI-enabled drug discovery.

Jefferies initiated coverage on October 8 with a Hold rating and a $150 price target, while UBS initiated on September 9 with a Neutral rating and a $144 price target. Earlier, on September 16, Twist Bioscience Corp said it would provide antibody characterization data services to Lilly TuneLab, an AI/ML drug discovery platform created by Eli Lilly. These developments have kept investor focus on the company’s role in AI-assisted antibody discovery and near-term valuation expectations.

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