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Fly News Breaks for June 14, 2016
TMO
Jun 14, 2016 | 09:53 EDT
Cleveland Research analyst Steve Willoughby said recent research suggests softer trends so far in 2Q for both consumables and especially equipment. As a result, the analyst believes Thermo Fisher's mass spec business may be facing incremental pressure and lowered its FY16 earnings estimate to $8.19 from $8.20, still 6c above consensus, and said he does not expect further meaningful upside to earnings for the company this year. Willoughby rates Thermo Fisher a Buy.
News For TMO From the Last 2 Days
TMO
Apr 25, 2024 | 08:51 EDT
Deutsche Bank raised the firm's price target on Thermo Fisher to $610 from $600 and keeps a Buy rating on the shares post the Q1 report. The analyst says a solid operational performance drove a strong start to 2024.
TMO
Apr 25, 2024 | 05:12 EDT
Barclays analyst Luke Sergott raised the firm's price target on Thermo Fisher to $615 from $590 and keeps an Equal Weight rating on the shares. The company reported a beat across the board, says the analyst, who sees the business stabilizing.
TMO
Apr 24, 2024 | 08:50 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here