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Thermo Fisher price target raised to $632 from $620 at Baird

Baird analyst Catherine Ramsey Schulte raised the firm’s price target on Thermo Fisher to $632 from $620 and keeps an Outperform rating on the shares. The firm said they reported 2Q results above expectations and raised FY24 revenue/EPS guidance while the company also remained constructive on its long-term positioning and underlying market drivers ahead of its Investor Day in September.

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