Wells Fargo Maintains Underweight on Thermo Fisher Scientific, Raises Price Target to $520
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Timothy Daley maintains an Underweight rating on Thermo Fisher Scientific (NYSE:TMO) and raises the price target from $505 to $520.
July 28, 2023 | 3:19 pm
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Thermo Fisher Scientific's price target has been raised from $505 to $520 by Wells Fargo, while maintaining an Underweight rating.
The news is directly about Thermo Fisher Scientific and is likely to impact its stock. However, despite the raised price target, the Underweight rating suggests that the analyst believes the stock may underperform the market, which could limit any positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100