Baird analyst Catherine Ramsey Schulte lowered the firm’s price target on Thermo Fisher (TMO) to $622 from $632 and keeps an Outperform rating on the shares. The firm said they reported mixed 3Q results, including revenue slightly below consensus but earnings beat. Management framed market conditions as in-line with expectations, with modest end-market improvements/stability across the portfolio.
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Read More on TMO:
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