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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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
- MTD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue