Goldman Sachs Maintains Buy on Thermo Fisher Scientific, Raises Price Target to $640
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes has maintained a Buy rating on Thermo Fisher Scientific (TMO) and increased the price target from $550 to $640.
April 10, 2024 | 1:33 pm
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Goldman Sachs maintains a Buy rating on Thermo Fisher Scientific and raises the price target from $550 to $640.
The upgrade in the price target by a reputable analyst firm like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting an expectation of higher future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100