Stifel lowered the firm’s price target on Thermo Fisher (TMO) to $620 from $665 and keeps a Buy rating on the shares. Thermo “performed well” in Q1 and the company looks to be in good shape to manage through end market and tariff headwinds effectively, though policy changes being pushed “will be tangible when it comes to the P&L,” the analyst tells investors in a post-earnings note.
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