Baird Maintains Outperform on Thermo Fisher Scientific, Lowers Price Target to $620
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Catherine Schulte maintains an Outperform rating on Thermo Fisher Scientific (TMO) but lowers the price target from $621 to $620.
April 25, 2024 | 10:44 am
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Baird maintains an Outperform rating on Thermo Fisher Scientific but lowers the price target slightly from $621 to $620.
The minor adjustment in price target by Baird reflects a nuanced view on Thermo Fisher Scientific's valuation, without changing the overall positive outlook. This slight reduction is unlikely to have a significant short-term impact on the stock price, given the continued Outperform rating.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100