tiprankstipranks

Revvity price target raised to $127 from $126 at Baird

Baird raised the firm’s price target on Revvity to $127 from $126 and keeps an Outperform rating on the shares. The firm said they reported 1Q revenue in line with and EPS slightly ahead of their model as customer spending caution in pharma/biotech continued, and while the company has seen some encouraging signs of stabilization, it hasn’t yet seen meaningful signs of recovery.

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

Disclaimer & DisclosureReport an Issue