TD Cowen analyst Dan Brennan raised the firm’s price target on Revvity (RVTY) to $144 from $141 and keeps a Buy rating on the shares. The firm said instruments was the main weak spot at 3Q and management lowered the 4Q guide to reflect this trend continues.
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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