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Revvity price target raised to $138 from $136 at Baird

Baird raised the firm’s price target on Revvity (RVTY) to $138 from $136 and keeps an Outperform rating on the shares. The firm said they posted 3Q revenue/EPS ahead of consensus, with mixed revenue performance. The company continued to message stability in pharma/biotech, though customer spending on instruments remains constrained, particularly in China.

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