Goldman Sachs analyst Matthew Sykes lowered the firm’s price target on Mettler-Toledo (MTD) to $1,315 from $1,330 and keeps a Neutral rating on the shares after its Q3 results. The firm also contends that the company’s 2025 guide is likely conservative as shipping issues weigh on margin expansion, the analyst tells investors in a research note.
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Read More on MTD:
- Mettler-Toledo reports Q3 adjusted EPS $10.21, consensus $10.01
- Mettler-Toledo sees Q4 adjusted EPS $11.63-$11.78, consensus $11.86
- Mettler-Toledo sees 2024 adjusted EPS $40.20-$40.50, consensus $40.38
- Mettler-Toledo sees 2025 adjusted EPS $41.85-$42.50, consensus $44.01
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