Thermo Fisher price target raised to $620 from $610 at Barclays

Barclays raised the firm’s price target on Thermo Fisher (TMO) to $620 from $610 and keeps an Equal Weight rating on the shares. The company’s “strong” Q4 and building momentum with a “seemingly conservative” core guidance are a positive sentiment shift, making Thermo a favored large cap tools name among investors, the analyst tells investors in a research note.