Citigroup Downgrades Mettler-Toledo Intl to Sell, Lowers Price Target to $975
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Donnelly downgraded Mettler-Toledo Intl (MTD) from Neutral to Sell and reduced the price target from $1050 to $975.
December 11, 2023 | 12:10 pm
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Citigroup downgraded Mettler-Toledo Intl from Neutral to Sell and lowered the price target from $1050 to $975, indicating a bearish outlook.
The downgrade by Citigroup from Neutral to Sell suggests a negative sentiment towards Mettler-Toledo Intl's stock. The reduction in the price target further implies that the analyst expects the stock to underperform, which could lead to a decrease in its share price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100