Raymond James Maintains Outperform on Thermo Fisher Scientific, Lowers Price Target to $515
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Cooper maintains an 'Outperform' rating on Thermo Fisher Scientific (NYSE:TMO) but has lowered the price target from $580 to $515.

October 26, 2023 | 1:33 pm
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Thermo Fisher Scientific's price target has been lowered from $580 to $515 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, but the maintained 'Outperform' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100