tiprankstipranks
Mettler-Toledo price target lowered to $1,310 from $1,375 at Baird
The Fly

Mettler-Toledo price target lowered to $1,310 from $1,375 at Baird

Baird analyst Catherine Schulte lowered the firm’s price target on Mettler-Toledo (MTD) to $1,310 from $1,375 and keeps a Neutral rating on the shares. The firm said they reported 3Q results ahead of expectations, including stronger Laboratory and services trends. Management continues to frame market conditions as soft, especially in China and industrial applications, despite ongoing signs of stabilization.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App