Deutsche Bank analyst Justin Bowers raised the firm’s price target on Thermo Fisher to $600 from $565 and keeps a Buy rating on the shares. The company’s 2024 outlook provides a line of sight to double-digit earnings compounding, the analyst tells investors in a research note.
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- Thermo Fisher sees FY24 adjusted EPS $20.95-$22.00, consensus $22.04
- Thermo Fisher reports Q4 adjusted EPS $5.67, consensus $5.64