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Fly News Breaks for July 26, 2018
TMO
Jul 26, 2018 | 07:12 EDT
JPMorgan analyst Tycho Peterson raised his price target for Thermo Fisher to $300 saying the company yesterday reported "yet another strong quarter, delivering beats on both the top and bottom lines." The analyst continues to like the setup for the stock with "healthy end markets, updated guidance still leaving room for beat-and-raises throughout the year, and a clear path to organic revenue acceleration in 2019 and beyond." He reiterates an Overweight rating on Thermo Fisher.