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Fly News Breaks for April 27, 2017
TMO
Apr 27, 2017 | 08:58 EDT
Leerink analyst Puneet Souda raised his price target for Thermo Fisher to $187 from $177 following another "solid quarter" of growth as end-markets including biopharma and bioprocessing continued strong. Given the scale and the company's strong positions across various markets, he remains confident that it can deliver or even exceed its estimates for top-line growth of 4%-6% and low double digit EPS growth over the next few years. The analyst reiterates an Outperform rating on the shares.
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