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Fly News Breaks for January 31, 2020
TMO
Jan 31, 2020 | 09:42 EDT
BTIG analyst Sung Ji Nam raised her price target on Thermo Fisher to $372 and kept her Buy rating after its slight beat on Q4 earnings and in-line FY20 guidance. The analyst notes that while growth in China was softer, Thermo Fisher's other end markets and geographic regions were "healthy", and she sees the outlook for 2020 offered by its management as "solid".