B of A Securities Maintains Buy on Thermo Fisher Scientific, Raises Price Target to $675
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on Thermo Fisher Scientific and raised the price target from $600 to $675, indicating confidence in the company's future performance.
September 16, 2024 | 12:15 pm
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B of A Securities has reaffirmed its Buy rating on Thermo Fisher Scientific and increased the price target from $600 to $675, suggesting a positive outlook for the company's stock.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst like B of A Securities typically signals confidence in the company's future performance. This can lead to positive investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100