Information Provided By:
Fly News Breaks for April 29, 2016
TMO
Apr 29, 2016 | 08:39 EDT
Leerink analyst Dan Leonard raised his price target for Thermo Fisher to $158 from $141 following the company's "solid" quarterly results. The analyst believes Thermo Fisher can continue to successfully leverage its balance sheet and scale to generate double-digit EPS growth. Leonard reiterates an Outperform rating on the shares.