Wells Fargo raised the firm’s price target on Mettler-Toledo (MTD) to $1,400 from $1,350 and keeps an Equal Weight rating on the shares. The firm notes Mettler-Toledo exited 2024 on a high note as momentum picked up in Lab and Product Inspection, which should add confidence to 2025 growth expectations. With shares at about 33-turns 2025 EPS, Wells views the risk/reward as balanced.
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