Bernstein Maintains Market Perform on Thermo Fisher Scientific, Lowers Price Target to $620
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Eve Burstein maintains a Market Perform rating on Thermo Fisher Scientific (NYSE:TMO) and lowers the price target from $625 to $620.
October 24, 2024 | 6:24 pm
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Bernstein has maintained its Market Perform rating for Thermo Fisher Scientific but has slightly lowered the price target from $625 to $620.
The maintenance of a Market Perform rating suggests no significant change in the analyst's view of the stock's performance relative to the market. The slight reduction in the price target from $625 to $620 indicates a minor adjustment in expectations, which is unlikely to cause a significant short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100