HSBC Maintains Buy on Thermo Fisher Scientific, Raises Price Target to $670
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Rajesh Kumar has maintained a Buy rating on Thermo Fisher Scientific (TMO) and increased the price target from $660 to $670.
April 30, 2024 | 3:29 pm
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HSBC analyst Rajesh Kumar reaffirmed a Buy rating on Thermo Fisher Scientific and raised the price target to $670.
The upgrade in the price target by HSBC reflects a positive outlook on Thermo Fisher Scientific's future performance. This endorsement from a reputable analyst is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100