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Fly News Breaks for October 16, 2019
TMO
Oct 16, 2019 | 09:30 EDT
Cleveland Research analyst Steve Willoughby said his recent checks suggest Thermo Fisher's growth rate has likely moderated from the first half of the year due to slower trends in Europe and China that are likely being somewhat offset by continued U.S. strength. He sees Q3 as "likely in-line" and thinks FY19 guidance appears realistic, though he said he is more concerned that the "end of year budget flush may be less impactful as compared to the past two years," Willoughby tells investors. He keeps a Neutral rating on Thermo Fisher shares.
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