Bio-Rad Laboratories Inc Class A

BIO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$825.00	Kxnn	Dhrlgzf

Bio-Rad Faces Dual Headwinds of Supply Chain and COVID Comps, but No Change to Our Long-Term View

Aaron Degagne

Apr 29, 2022

Narrow-moat Bio-Rad faced some headwinds in the first quarter from lower COVID-19 sales and supply chain challenges, though growth declines were not as bad as feared and margin held up well. Our $524 fair value estimate is unchanged.

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