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NEW YORK – Several investment banks announced they have initiated coverage of Berkeley Lights, the cell screening instrument maker that recently went public. 

JP Morgan, Cowen, and William Blair analysts all are bullish on the stock. JP Morgan analyst Tycho Peterson gave it an "Overweight" rating with a price target of $75; Cowen analyst Doug Schenkel and William Blair analyst Brian Weinstein rated it "Outperform," but did not provide a price target.

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