Mettler-Toledo price target raised to $1,550 from $1,510 at Stifel

Stifel analyst Daniel Arias raised the firm’s price target on Mettler-Toledo to $1,550 from $1,510 and keeps a Buy rating on the shares. The company’s Q2 print and call “went pretty much as expected, with a good top and bottom beat,” according to the analyst, who sees demand in Europe and the lab segment offering upside potential in Q3.