Stifel Maintains Buy on Thermo Fisher Scientific, Lowers Price Target to $665
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Daniel Arias maintains a Buy rating on Thermo Fisher Scientific (NYSE:TMO) but lowers the price target from $680 to $665.
October 24, 2024 | 4:15 pm
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Stifel analyst Daniel Arias maintains a Buy rating on Thermo Fisher Scientific but lowers the price target from $680 to $665, indicating a slightly less optimistic outlook.
The analyst's decision to maintain a Buy rating suggests continued confidence in TMO's performance, but the lowered price target indicates a slightly less optimistic view on its short-term potential. This could lead to neutral market reactions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100