TD Cowen analyst Dan Brennan raised the firm’s price target on Thermo Fisher to $612 from $590 and keeps an Outperform rating on the shares. The firm said guidance for 2024 is in-line, setting a conservative bar albeit 2H weighted, and after two years of weak performance, patient investors would be rewarded in 2024.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TMO:
- Thermo Fisher Scientific Reports Earnings: Did it Beat Estimate Forecasts?
- Thermo Fisher (NYSE:TMO) Drops despite Exceeding Q4 Estimates
- Options Volatility and Implied Earnings Moves Today, January 31, 2024
- Thermo Fisher sees FY24 adjusted EPS $20.95-$22.00, consensus $22.04
- Thermo Fisher reports Q4 adjusted EPS $5.67, consensus $5.64
