Bernstein lowered the firm’s price target on Revvity (RVTY) to $145 from $150 and keeps an Outperform rating on the shares. The firm says that its initial take on Revvity’s Q3 print was somewhat negative, but Bernstein came out of the earnings call and its call-back more positive than it went in.
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Read More on RVTY:
- Revvity price target raised to $138 from $136 at Baird
- Revvity Reports Strong Q3 Growth and New Share Buyback
- Morning Movers: Air Transport Services jumps following $3.1B take-private deal
- Revvity raises FY24 adjusted EPS view to $4.83-$4.87 from $4.70-$4.80
- Revvity reports Q3 adjusted EPS $1.28, consensus $1.12