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Fly News Breaks for November 14, 2019
MTD
Nov 14, 2019 | 16:55 EDT
Stifel analyst Daniel Arias initiated coverage of Mettler-Toledo with a Hold rating and $790 price target. The analyst notes that the stock should appeal to investors seeking "consistent execution, quarterly reliability, strong market positions, growth, and high quality management teams". However, Arias is concerned with the company's above-average exposure to potentially problematic areas of China and the "industrial customer base". The analyst notes that Mettler-Toledo would be his "first stock to own" if a China trade deal materializes.
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