Fly News Breaks for April 22, 2019
TMO
Apr 22, 2019 | 07:40 EDT
Needham analyst Stephen Unger raised his price target on Thermo Fisher to $312 and kept his Strong Buy rating ahead of its Q1 results this Wednesday. The analyst sees "solid potential" for an earnings beat on "better-than-expected organic revenue growth in all four segments", also noting that he has a "more bullish view" on the company's prospects for 2019. Unger adds that he is positive on the impact of the "strategic" Brammer Bio acquisition announced by Thermo Fisher last month.
News For TMO From the Last 2 Days