Fly News Breaks for January 31, 2020
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.
News For TMO From the Last 2 Days
Sep 22, 2021 | 06:26 EDT
BTIG analyst Sung Ji Nam raised the firm's price target on Thermo Fisher to $700 from $610 and keeps a Buy rating on the shares after its investor day presentation. The analyst cites the company's accelerating growth potential on both the top and bottom lines along with its $48B in additional capital deployment opportunity for M&A through 2025.