tiprankstipranks
Revvity price target raised to $146 from $144 at Raymond James
The Fly

Revvity price target raised to $146 from $144 at Raymond James

Raymond James raised the firm’s price target on Revvity (RVTY) to $146 from $144 and keeps an Outperform rating on the shares. Revvity had an “adequate” Q3, which saw in line revenues on lighter Life Sciences and stronger Diagnostics, with adjusted EPS coming in 14% ahead primarily on below the line benefits, the analyst tells investors in a research note. China remains a key headwind, with the impact of stimulus likely needed to drive a material inflection but unlikely to appear in Q4, the firm says.

Don't Miss our Black Friday Offers:

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App