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Fly News Breaks for February 1, 2018
TMO
Feb 1, 2018 | 09:00 EDT
Leerink analyst Puneet Souda raised his price target for Thermo Fisher to $239 from $200 on the back of now higher guide reflected in his estimates and valuation. The analyst reiterates an Outperform rating on the shares as he believes the company is a Life Science Tools leader with an unmatched scale, access to multiple growing end markets and now has a CDMO arm.