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Fly News Breaks for January 31, 2020
TMO
Jan 31, 2020 | 08:47 EDT
Baird analyst Catherine Ramsey Schulte said Thermo Fisher posted a solid finish to 2019 and every segment except Analytical Instruments beat expectations. She views the stock weakness as overdone and believes China is healthier than the result implied and she thinks guidance is conservative. Ramsey Schulte reiterated her Outperform rating and raised her price target to $340 from $3191 on Thermo Fisher shares.
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